SHARED OWNERSHIP SCHEME £126,000 for a 30% share. An opportunity to acquire a modern and immaculately presented, three bedroom semi detached house with spacious accommodation and off‐road parking in this very popular new development just outside of Chichester City centre.
Entrance hall | Downstairs cloakroom and WC | Open plan dining kitchen | Good size sitting room | Three bedrooms | Bathroom | Off‐road parking for at least two cars | Rear garden with timber shed | Gas central heating | Double glazing
SHARED OWNERSHIP SCHEME
Longacres Way forms part of this popular new development just to the east of Chichester. Facilities nearby include supermarkets, department stores and there are lovely walks around the Shopwhyke Lakes. Chichester City centre has a good range of shops, cafes, restaurants and mainline railway station with services to London Victoria. The property is also conveniently situated to Goodwood and The Downs, whilst in the other direction is the coast with beaches around Wittering and sailing from Itchenor and Birdham.
Downstairs cloakroom and WC
With window, radiator, wash basin and WC.
Open plan dining kitchen
18'5 x 12'3 (5.61m x 3.73m)
Overall measurements. With windows to front and side, two storage cupboards, two radiators, space for dining table and fitted kitchen with stainless steel sink unit, oven, gas hob, extractor canopy, integrated washer/dryer, plumbing for dishwasher and integrated fridge/freezer.
Good size sitting room
17'4 x 15'0 (5.28m x 4.57m)
With two radiators and patio doors leading out to the garden.
From the kitchen the staircase rises to the first floor.
With radiator and large storage cupboard.
15'0 x 12'5 (4.57m x 3.78m)
Overall measurements. With window having views over to the lake, radiator and built‐in wardrobe.
15'8 x 7'10 (4.78m x 2.39m)
With window and radiator.
9'11 x 6'9 (3.02m x 2.06m)
With window and radiator.
7'10 x 7'9 (2.39m x 2.36m)
Overall measurements. Bath with shower overhead, wash basin, WC, window and heated towel rail.
To the front of the property is a drive giving off‐road To the front of the property is a drive giving off‐road parking for at least two cars, front garden which is set back from the road and side gate giving access to the rear garden.
To the rear of the property is a good size garden, mainly laid to lawn with raised planters, seating area, patio and timber shed.
Property value ‐ £420,000
Percentage share ‐ 30%
Share price ‐ £126,000
Monthly rent ‐ £624.42
Monthly service charge ‐ £8.90
Monthly ground rent ‐ £29.17
Mortgage payment ‐ £630*
Household income required ‐ £45,000
* Based on a 90%, 25 year repayment mortgage with an interest rate of 4.5%
- 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
- You have an income greater than £45,000 per annum
Council tax band
To view please telephone us on 01243 816666 to make an appointment.
We have not tested any systems or appliances and no warranty as to condition or suitability is confirmed or implied. All measurements are approximate.
If you would like advice to the value of your house or independent mortgage advice, please contact us on 01243 816666.