2 bed terraced house for sale in Johnson Mews, Chichester PO19, £105,000

105,000.00

Offer Nr.:
65441453
Type of ad:
for Sale
Property type:
2 bed terraced house
Bedrooms:
2
Bathrooms:
1
Contact name:
Hastoe Housing - Resale Properties
Phone(s):
020 7768 1214

* Leasehold
* Single garage
* Off street parking
* Central heating
* Double glazing
This two bedroom coach house is an ideal opportunity to get on to the property
ladder with Hastoe. It is being sold under the shared ownership scheme whereby
you purchase a share in the property and pay a reduced rent on the remaining
Hastoe equity.
EPC= B88
Term remaining on lease: 118 years
Property features:
Allocated parking space
Fitted kitchen
Gas central heating
Double glazing
Over - bath shower
Utility room
Garage
Kitchen / Living Room: 6. 03m x 4. 42m
Bathroom: 2. 15m x 1. 98m
Bedroom 1: 3. 77m x 3. 17m
Bedroom 2: 4. 11m x 2. 95m
Utility Room: 2. 51m x 1. 99m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Costs:
Full Market Price: £350, 000
Minimum Share: 30%
Share Value: £105, 000
Monthly Rent: £585. 64
Service Charge pcm (including buildings insurance): £89. 64
Total Monthly Charge: £675. 28
Next rental increase: April 2024
Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be
able to purchase a home of their own. This may be because you can’t meet the
full mortgage repayments, save a sufficient deposit, or both. With shared
ownership, you buy a percentage of your home and pay a reduced rent on the
share you don’t own
How does shared ownership work?
You will buy a percentage share of a home, independently priced at market
value. Hastoe will charge you rent on the share you don’t own plus a service
charge. This service charge covers things like buildings insurance and estate
maintenance.
If you eventually own your home outright, you’ll no longer pay rent, but may
continue to pay a service charge.
About Hastoe:
Hastoe owns and manages over 7, 500 homes in 70 local authority areas. Our
properties are predominantly rural and we specialise in providing sustainable
and affordable rural housing to enable local people to remain within their
communities.

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