Available

£56,250

Flat 1, Observation House, Eclipse Drive, PO20 0GP
Share 25% / Full price £225,000 / Min deposit £2,813

Apartment
2 bedrooms
Not specified

Sage Homes
020 8022 5267
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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Description

Brand new 2 bedroom apartment in the new Manor Gardens Development. The price advertised represents purchasing a 50% share of the home.

About the Home

This plot is a wonderful 2 bed apartment.

Upon entry there is a long hallway which leads to the open plan kitchen/dining and living room. Off the hallway are the two bedrooms, a three-piece family bathroom and storage space. This home also has 1 parking space.

About the Development

LOCAL ELIGIBILITY CRITERIA APPLIES - 1. You live within the Local Area at an address registered for Council Tax 2. You have permanent employment within the Local Area 3. You have a close relative(s): ie, Mother, Father, Children or Siblings who have resided in the Local Area for a minimum of 5 years with whom you have maintained regular contact with.

Welcome to Manor Garden by Persimmon Homes; set within the charming seaside town of Selsey and one of the few relatively hidden gems along the hugely popular West Sussex coast – one of the sunniest places in the UK!

About the Area

Though the town is tucked away, accessible by one road which leads down from Chichester, it is a bustling and lively place to live, within easy reach of large town amenities and transport links. With a great range of local shops and services within walking distance, beautiful beaches and coastline just down the road, and the larger centres of Portsmouth and Chichester within commutable distance, Manor Gardens could be your ideal place to call home. You’ll find everyday amenities and shops in Selsey, including independent shops, eateries and pubs, while there’s an Asda and Costa Coffee just a short walk from the development. For a fantastic range of retail opportunities, Chichester (20 minutes away) is home to a wide selection of high street shops and restaurants, while Bognor Regis (24 minutes) has a similar range, and Portsmouth (36 minutes) offers all the

city shopping and services you could need. Families will be well-catered for here – Selsey has two primary schools and a secondary school, all rated ‘Good’ by Ofsted, plus a nursery. There are several leisure facilities in and around Selsey and a wider range of schools nearby Bognor Regis.

About Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

The minimum initial share you can purchase is 50% and the maximum initial share is 75% of the properties full market value. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&C's

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Description

Property information & downloads

Key features

Material information

Floor plan Energy Certificate
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

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.
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£56,250 Shared Ownership New Build Full price £225,000
Estimated monthly cost £743
£

How is this calculated?

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