£74,000
1 bed flat for saleDrove Lane, Yapton BN18
1 bed
1 bath
1 reception
- New home
- Shared ownership
- Leasehold
Morris Dibben - Cowplain
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About this property
Final apartment available! Purchase now on a shared ownership basis, this 1 bedroom home with initial shares available to buy 25% - 75%.
Shared ownership one bedroom apartment available to purchase at a 40% share at £46,250 74,000 with a minimum 5% mortgage deposit of £3,700.
Full market value £185,000.
Home 187 is a one bedroom house with one allocated parking space.
Located on the ground floor with its own private entrance the property is well accommodated throughout consisting of entrance hall, with two storage cupboards, three piece bathroom with shower over bath and double glazed window to the front aspect, double bedroom with wardrobe recess and double glazed window to the front aspect.
The open plan living / dining / kitchen measuring 19'1" x 16'0" has double glazed patio doors from the living area, opening to a Juliette balcony, with the kitchen benefitting from a single drainer sink unit, modern matching units with work tops over, fitted oven, hob and extractor and double glazed window to the rear aspect.
Flooring is provided throughout and the parking is located in the carpark opposite the apartment.
* Brand-new Shared Ownership properties
* Juliette balcony
* Ample storage space
* Sought-after location
* Flooring throughout
* Great travel links
* 3-piece bathroom with shower over bath
Ryebank is situated in the rural village of Yapton, a rural village near Arundel, West Sussex and home to a number of historic buildings and is close to Littlehampton, offering a range of amenities for all your shopping needs as well as relaxing walks in the South Downs or on the seafront which are also close by. Easy access is provided to walking and cycling routes to the adjoining green area and open fields accessible from the development. This sought after village also has easy access to Arundel, Bognor Regis, Chichester, Goodwood and London via the A27.
Finance Example:
Full Market Value: £185,000
40% Share Price: £74,000
Rent on un-owned share £254.37pcm
Total estimated estate charge £70.00pcm
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Ryebank you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%) When you’re ready, you can buy more shares until you staircase to owning 100% of your home.*
Images & CGI's shown are representative of the development and previous homes and do not reflect the actual plot advertised. The finish may also not reflect the actual plot advertised. These are for guidance and example purposes only and must not be relied upon.
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