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3 bedroom house for sale

Available

Longley Road, Chichester, PO19 6DB

£290,500 Shared Ownership Resale

Share percentage 70%, full price £415,000, £29,050 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£290,500 Shared Ownership Resale

Share percentage 70%, full price £415,000

Monthly Cost: £1,794

Rent £288, Service charge £65, Mortgage £1,441*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
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Summary

A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A smartly-presented, three-bedroom house built on the former Graylingwell Hospital site. This three-storey, mid-terrace property is modern in style but fairly traditional in layout - a kitchen at the front, a central cloakroom/WC and a full-width reception/dining room at the rear. Patio doors lead out to the garden, which can also be accessed via a back gate. On the first floor of the house is a spacious main bedroom plus a good-sized second bedroom and an attractive, naturally-lit bathroom. There is a third double bedroom plus extensive eaves storage on the top floor. Well insulated walls and roof, modern double glazing and a communal heating/hot water system make for a good energy-efficiency rating. The property comes with use of an allocated parking space and is also within comfortable walking distance or short bus/cycle ride of the excellent range of shops and other amenities to be found in the city centre. Nearby Havenstoke Park offers green, open space to enjoy as well as the popular Pavilion Cafe. Ofsted list four primary schools within a mile radius, all rated 'Good'.

SHARED OWNERSHIP (Advertised price represents 70% share. Full market value £415,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [http://bit.ly/2GH2UVP]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2013). Freehold transferred on 100% ownership.
Share Available: 70% (£290,500).
Shared Ownership Rent: £288.16 per month (subject to annual review).
Service Charge: £65.35 per month (subject to annual review).
Guideline Minimum Income: Dual - £68,800 | Single - £79,400 (based on minimum share and 10% deposit).
Council Tax: Band D, Chichester District Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Key Features
  • Guideline Minimum Deposit £29,050
  • Guide Min Income Dual £68.8k | Single £79.4k
  • Three Storey, Three Bedroom, Mid Terrace House
  • Approx. 1046 Sqft Excluding Eaves Storage
  • Three Good-Sized Double Bedrooms
  • Bathroom plus Ground-Floor WC
  • Rear Garden
  • Parking Space
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Brochure
Register your interest
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£290,500
Shared Ownership Resale
Estimated Monthly Cost:£1,794
Rent £288
Service £65
Mortgage £1,441

Share percentage 70%, full price £415,000, £29,050 Min Deposit. Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Disclaimer
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.