£290,500
3 bed terraced house for saleLongley Road, Chichester PO19
3 beds
1 bath
1 reception
- Shared ownership
- Leasehold
Urban Moves
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About this property
Guideline Minimum Deposit £29,050
Guide Min Income Dual £68.8k | Single £79.4k
Three Storey, Three Bedroom, Mid Terrace House
Approx. 1046 Sqft Excluding Eaves Storage
Three Good-Sized Double Bedrooms
Bathroom plus Ground-Floor WC
Rear Garden
Parking Space
Shared ownership (Advertised price represents 70% share. Full market value £415,000). A smartly-presented, three-bedroom house built on the former Graylingwell Hospital site. This three-storey, mid-terrace property is modern in style but fairly traditional in layout - a kitchen at the front, a central cloakroom/WC and a full-width reception/dining room at the rear. Patio doors lead out to the garden, which can also be accessed via a back gate. On the first floor of the house is a spacious main bedroom plus a good-sized second bedroom and an attractive, naturally-lit bathroom. There is a third double bedroom plus extensive eaves storage on the top floor. Well insulated walls and roof, modern double glazing and a communal heating/hot water system make for a good energy-efficiency rating. The property comes with use of an allocated parking space and is also within comfortable walking distance or short bus/cycle ride of the excellent range of shops and other amenities to be found in the city centre. Nearby Havenstoke Park offers green, open space to enjoy as well as the popular Pavilion Cafe. Ofsted list four primary schools within a mile radius, all rated 'Good'.
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 01/01/2013). Freehold transferred on 100% ownership.
Share Available: 70% (£290,500).
Shared Ownership Rent: £288.16 per month (subject to annual review).
Service Charge: £65.35 per month (subject to annual review).
Guideline Minimum Income: Dual - £68,800 | Single - £79,400 (based on minimum share and 10% deposit).
Council Tax: Band D, Chichester 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.
Kitchen
8' 5" x 7' 5" (2.57m x 2.26m)
Reception Room
15' 4" x 14' 8" (4.67m x 4.47m)
Bedroom 1
13' 4" to bay x 14' 8" (4.06m x 4.47m)
Bedroom 2
14' 11" x 7' 7" (4.55m x 2.31m)
Bedroom 3
11' 8" max. X 11' 8" max. (3.56m x 3.56m)
Eaves Storage (Low Ceiling Height)
28' 10" max. X 14' 8" max. (8.79m x 4.47m)
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More information
Tenure
Leasehold (112 years)
Service charge
£784
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
70%
Shared ownership rent
£288 per month