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Harwood Close, Codmore Hill, Pulborough, West Sussex, RH20 1FL

Shared ownership

Harwood Close, Pulborough, RH20 1FL

Sale under offer
Shared ownership
Photo of Harwood Close, Codmore Hill, Pulborough, West Sussex, RH20 1FL
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from

£55,000

with min. deposit

£2,750

25% Share from
£55,000
Full market price
£220,000
Minimum deposit
£2,750
Monthly rent
£431
Monthly service charge
£169.67

2 bedroom flat

Harwood Close is set in a lovely cul-de-sac just outside the villiage of Pulborough. The living area is a big space with plenty of room for furniture to keep a cosy feel. The living area connects to the large kitchen that has lots of work top space and modern kitchen cabinets. The property has two double bedrooms that are both a great size. There is the benefit of also having extra storage cupboards and the bigger bedroom a large wardrobe space. The family bathroom is newly tiled and has a bath and shower.  The property also comes with an allocated parking space and free off street parking.

 

Pulborough is known as one of the most attractive …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area62.5
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years120
EER Current76
EER Potential76
EIR Current79
EIR Potential79

from

£55,000

with min. deposit

£2,750

25% Share from
£55,000
Full market price
£220,000
Minimum deposit
£2,750
Monthly rent
£431
Monthly service charge
£169.67
Complete Moves

Complete Moves

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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