Available through our resale shared ownership scheme, a two-bedroom, two storey, terraced house in Worthing. 

Property description:

The property ground floor comprises a fitted kitchen with standalone appliances, dining/living area, a W/C and under-stair storage. The first floor comprises two bedrooms, a family bathroom with shower over bath and a hallway storage cupboard. 

The property also benefits from access to a private garden and allocated parking. 

Lease: Commenced 2017 with 125-year term

Council Tax Band: Worthing Council – C

Approx. Gross Internal Area: 812sq.ft.

LOCAL AREA INFORMATION

• West Durrington offers good local amenities, including a Tesco Extra, a pharmacy and Costa Coffee.

• Nearby Worthing town centre you’ll find many big name stores, as well as independent specialists selling everything from art and antiques to unique gifts and artisan products. 

• There’s also a range of restaurants serving everything from fresh fish and seafood to Turkish, Mexican and Thai cuisine. 

• Being so close to the South Coast means you can enjoy a day at the seaside any time you feel like it.

• Numerous education sites nearby. 

• Easy links to London Victoria and easy access to the A27. 

• Less than an hour by car to Southampton and Gatwick airport.

FINANCIAL INFORMATION

Property Value = £330,000

Percentage Share = 40%

Share Price = £132,000

Monthly Ground Rent = £20.83

*Monthly Rent = £482.43

*Monthly Service Charge = £110.76

**Monthly Mortgage Payment = £675.00

***Annual Household Income = £46,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.