* Leasehold
* Price based on A 40% share – total property value is £350, 000
* Modern Terrace House
* Stylish Fitted Kitchen
* Open Plan Kitchen/Diner
* Two Double Bedrooms
* Family Bathroom
* Ground Floor WC
* Rear Garden
* About A Mile From Storrington Village Centre
**price based on A 40% share – total property value is £350, 000**
Minimum deposit: £14, 000 | 40% share price of £350, 000
Available for resale shared ownership, an extremely new and beautifully
presented, two - bedroom, terraced house situated in the charming West Sussex
village of Storrington. This modern property comprises an open plan
kitchen/diner, with fitted kitchen including inbuilt oven and hob, two double
bedrooms, a family bathroom with shower over bath, downstairs W/C and several
built - in storage cupboards including under - stairs storage. The property also
benefits from a well - maintained private garden and two parking spaces with
visitor parking available.
Warren Grove is a delightful development in the charming West Sussex village
of Storrington, on the edge of the South Downs National Park. Storrington has
a strong sense of community and a good range of local amenities, including
independent boutiques, a Waitrose supermarket, a traditional butcher, delis, a
post office and three pubs. Kithurst Hill is a famous local beauty spot with
stunning views and nearby Parham House is a handsome Elizabethan manor with
beautiful gardens and grounds. Leisure opportunities are also plentiful. From
Storrington village centre there’s easy access to the famous South Downs Way
walking trail which runs from the Hampshire city of Winchester to the coastal
resort of Eastbourne. Local bus links are available to Worthing, Horsham and
surrounding areas.
Lease: Commenced 2018 with 999 - year term
Council Tax Band: Horsham Council – C
financial information:
Property Value = £350, 000
Percentage Share = 40%
Share Price = £140, 000
Monthly Ground Rent = £20. 83
*Monthly Rent = £529. 93
*Monthly Service Charge = £68. 06
**Monthly Mortgage Payment = £851
***Annual Household Income = £53, 000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 25 - year repayment mortgage with an interest rate at 6. 5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New
Homes can discuss how the salary required is reduced (approximately every 5%
extra deposit reduces the salary required by £1, 200).
Please note that any interested buyer/S must be approved by hyde homes and
complete A shared ownership eligibility application – contact us for more info

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