* Leasehold
* Guideline Minimum Deposit £15, 370
* Guide Min Income - Dual £37. 3k Single £43. 5k
* Two Storey, Two Bedroom, Mid Terrace House
* Approx. 816 Sqft Gross Internal Area
* High Performance Glazing
* Bathroom plus Downstairs Cloakroom
* South East Facing Rear Garden
* Two Parking Spaces
Shared ownership (Advertised price represents 53% share. Full market value
£290, 000). This mid - terrace house is part of a development of similar
properties, built in a traditional style but with the energy - efficiency
benefits that modern insulation standards and high performance glazing offer.
On the ground floor there is a full - length (approx. Twenty eight foot), open -
plan reception room with large windows at either end and a spacious kitchen
area with attractive units. A door leads to a small rear hallway which
provides access to a cloakroom as well as to the south - east - facing garden.
Upstairs are two spacious bedrooms and a family bathroom. The house comes with
parking for two cars and Littlehampton town centre and railway station can
also be easily reached by bike.
Interested parties are required to complete the shared ownership common
application form **[ ]**
(Please note the minimum income and deposit requirements for eligibility. You
do not need to request a viewing separately once you have completed the
application form. )
_Housing Association: _ Clarion.
_Tenure: _ Leasehold (125 years from 2016).
_Minimum Share: _ 53% (£153, 700). The housing association will expect that you
will purchase the largest share affordable.
_Shared Ownership Rent: _ £330. 28 per month (subject to annual review).
_Service Charge: _ £26. 61 per month (subject to annual review).
_Ground Rent: _ £150. 00 for the year.
_Guideline Minimum Income: _ Dual - £37, 300 Single - £43, 500 (based on minimum
share and 10% deposit).
_Council Tax: _ Band C, Arun District Council. Priority is given to applicants
living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing
association does not warrant to carry out any remedial or redecoration work of
a cosmetic nature unless specifically advised in writing. As a general rule,
fitted domestic appliances are included in the sale; non - fitted appliances are
not. If you require confirmation, you must request this in writing from Urban
Moves. The information in this document supersedes any information given
verbally either in person or by telephone.
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Ground Floor
Entrance Hall
Reception
27' 10" max. X 11' 2" max. (8. 48m x 3. 40m)
Kitchen
included in reception measurement
Rear Hall
Cloakroom
First Floor
Landing
Bedroom 1
14' 8" max. X 8' 11" min. (4. 47m x 2. 72m)
Bathroom
Bedroom 2
14' 8" max. X 11' 2" max. (4. 47m x 3. 40m)

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