2 bedroom house for sale
Priors Meadow - 37, PO10 8GR
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Monthly Cost: £1,309
Rent £481,
Service charge £48,
Mortgage £780*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A new build 2-bedroom home at Priors Meadow development in Southbourne, West Sussex!
Description
The entrance hall features stairs leading to the first floor and leads to the living room at the front right of the property. Continuing towards the rear of the property, you'll find the kitchen dining room and a convenient downstairs WC. The kitchen is equipped with a range of floor and wall units, an integrated oven, hob, and extractor fan. There are also spaces for a fridge/freezer and washer/dryer. The kitchen has room for a dining table and a door leading to the rear private garden, making it a practical space.
Upstairs the landing has a built in storage cupboard and also leads to bedroom one located at the front of the property and benefits from a built-in Storage Cupboard. Bedroom two is located at the rear of the property with views over the private garden. The bathroom is adjacent to bedroom two and features a built in storage cupboard.
2 allocated parking spaces
Council tax band: TBC
Lease term: 990 years
*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
- Standard model shared ownership
- End terrace house
- Kitchen/dining room
- Private garden
- 2 allocated parking spaces
- 990 year lease
- Lovely location
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Energy CertificateMap
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 40%, full price £350,000, £7,000 Min Deposit. Calculated using a representative rate of 5.03%