2 bedroom apartment for sale
The Bindery - 6, GU28 0AB
Share percentage 30%, full price £270,000, £4,050 Min Deposit.
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
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
A spacious entrance hall featuring two built in storage cupboards along with a built in airing cupboard leads to the open plan kitchen/living/dining area. This room is a bright and sociable area, the kitchen has a range of base and wall units including a built in oven, hob and extractor fan. Spaces for a fridge/freezer and washer/dryer.
Bedroom one is located next to the living/dining room, next to this is the bathroom with bedroom two next to the bathroom.
The property features gas central heating, double glazing and flooring throughout.
Other bits to note
Allocated car parking spaces.
Council Tax Banding TBC.
Remaining term on lease - 990 years.
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
- New build
- Ground floor apartment
- Open plan living
- 2-bedrooms
- Allocated parking
- Flooring included
- Please note a local connection to Chichester Council is required.
- 990 year lease
- Lovely location
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information DocumentMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £270,000, £4,050 Min Deposit. Calculated using a representative rate of 5.03%
