2 bedroom house for sale
Tern Crescent, PO20 2EP
Share percentage 45%, full price £325,000, £14,625 Min Deposit.
Share percentage 45%, full price £325,000, £14,625 Min Deposit
Monthly Cost: £1,313
Rent £536,
Service charge £51,
Mortgage £726*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
Eligibility: Priority will be given to those who live or work or have direct family in Chichester
Summary
Situated within a modern lakeside development, this attractive two-bedroom, mid-terraced home offers a peaceful semi-rural lifestyle just over a mile from Chichester city centre.
Description
Ground Floor
- Wheelchair accessible entrance
- Kitchen with integrated appliances, including slimline dishwasher
- Reception room
- W/C
- Under-stair storage
First Floor
- Two bedrooms
- Master bedroom with built-in wardrobe
- Storage cupboard on top of landing
- Family bathroom with shower over bath
Extras
- Off-street parking for two spaces
- Private rear garden with shed and side-gate access
- Front garden
Lease: Commenced 2018 with 999-year term
Council Tax Band: Chichester Council - C
Monthly Ground Rent = £20.83
Please note the rent and service charge is reviewed annually 01 April. 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. Please note that the Resales Team have not visited this property.
Key Features
- Everyday shopping is made simple with Portfield Retail Park just a quarter of a mile’s walk from the property, home to popular stores such as John Lewis, M&S Food Hall, and Sainsbury’s, providing all your essentials and more within minutes.
- Commuters will appreciate the excellent rail links, with Chichester Station just 1.7 miles away, and further connections from Fishbourne, Bosham, and Barnham stations, offering easy access to destinations across the South Coast and into London.
- For families, there are several well-regarded schools nearby, including Westbourne House School (0.2 miles), The March CofE Primary School (0.8 miles), Portfield Primary School (0.8 miles), and Rumboldswhyke CofE Primary School (1 mile), providing a choice of educational options within a short distance.
Particulars
Tenure: Leasehold
Lease Length: 992 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Off Street
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 45%, full price £325,000, £14,625 Min Deposit. Calculated using a representative rate of 4.42%
