2 bedroom apartment for sale

Available

The Bindery - 1, GU28 0AB

£81,000 · Shared Ownership New Build

Share percentage 30%, full price £270,000, £4,050 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£81,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30%, full price £270,000, £4,050 Min Deposit.

Monthly Cost: £1,009
Rent £433, Service charge £125, Mortgage £451*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

Please note a local connection to Chichester Council is required.

Summary

New apartment available for shared ownership in Petworth, West Sussex! This home features open-plan living, a modern kitchen, flooring throughout, and allocated parking!

Description

The entrance hall leads to the left of the home to an open plan kitchen/living/dining room. The kitchen is equipped with floor and wall units with an integrated oven, hob and extractor fan. Spaces for a fridge/freezer and washer/dryer. The open plan layout creates a sociable space. Continue back into the hall and the master bedroom is on the left and benefits from a built in wardrobe. Next to the master bedroom is bedroom two, also with a built in wardrobe. The hallway features a built in airing cupboard before reaching the bathroom at the far right of the home.

This home has gas central heating, UPVC and flooring included throughout.

Other bits to note

1 allocated car parking space
Council Tax Banding TBC
Remaining term on lease - 990 years

Please note a local connection to Chichester Council is required.

This property has the new shared ownership lease. To find out more, speak to the team.

**While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • New model shared ownership
  • Ground floor apartment
  • New build
  • Open plan living
  • 2-bedrooms
  • Allocated parking
  • Flooring included
  • Built in wardrobes
  • Please note a local connection to Chichester Council is required.
  • 990 year lease
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Key Information Document
Map
Pulborough (4.38 miles) Amberley (6.82 miles) Billingshurst (7.11 miles)
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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£81,000
Shared Ownership New Build
Estimated Monthly Cost:£1,009
Rent £433
Service Charge £125
Mortgage £451

Share percentage 30%, full price £270,000, £4,050 Min Deposit. Calculated using a representative rate of 5.03%


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The Bindery, Petworth
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.