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4 Mackintosh Drive North Bersted

Shared ownership

North Bersted, Bognor Regis, West Sussex, PO21 5DX

For sale
Shared ownership
Photo of 4 Mackintosh Drive North Bersted
Live from space album cover

from

£116,000

with min. deposit

£5,800

40% Share from
£116,000
Full market price
£290,000
Minimum deposit
£5,800
Monthly rent
£384
Monthly service charge
£70.95
Reservation free
£300

2 bedroom terraced house

We are delighted to market this beautiful 2 bedroom house. This well presented property consist of a good sized living area with direct access to the garden, also allowing lots of natural light. The spacious hallway contains an under stairs cupboard. Following on you have a bright and modern kitchen with some integrated appliances. Upstairs the property benefits from 2 good sized bedrooms with plenty of storage space. The main bathroom is modern with a shower over bath. There is also an added bonus of a downstairs toilet. In addition, there is a well kept private garden with a decked area. Lastly, the property comes with an allocated …

Features

Allocated parking

Back Garden

Bedrooms2
Bathrooms2
Reception rooms1
Floor area74.2
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years113
EER Current81
EER Potential81
EIR Current84
EIR Potential84

from

£116,000

with min. deposit

£5,800

40% Share from
£116,000
Full market price
£290,000
Minimum deposit
£5,800
Monthly rent
£384
Monthly service charge
£70.95
Reservation free
£300
Southern Housing

Southern Housing

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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