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Hyde New Homes at Shopwyke Lakes

Shared ownership

Shopwyke Road, Chichester, PO20 2EP

For salenew home
Shared ownership
Photo of Hyde New Homes at Shopwyke Lakes
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  • from

    £104,000

    2 bedroom

from

£126,000

with min. deposit

£12,600

Hyde New Homes

£86,000

1 bedroom flat

£104,000

2 bedroom flat

£104,000

2 bedroom flat

£130,000

2 bedroom semi-detached house

£132,000

2 bedroom semi-detached house

Availability

For sale

For sale

For sale

For sale

For sale

Minimum share

40%

40%

40%

40%

40%

Full market price

£215,000

£260,000

£260,000

£325,000

£330,000

Deposit from

£8,600

£10,400

£10,400

£13,000

£13,200

Monthly rent

£295

£357

£357

£446

£453

Monthly service charge

£93.95

£93.95

£93.95

£37.33

£37.33

Bedrooms

1

2

2

2

2

Bathrooms

1

1

1

1

1

Reception rooms

1

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

51

70

70

74

74

Number of floors

1

1

1

2

2

Entrance floor

2nd floor

Ground floor

Ground floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

leasehold

freehold

freehold

Lease years

999

999

999

-

-

Council Tax Band

C

C

C

C

C

Property features

Off street parking
Off street parking
Off street parking
Back GardenPrivate GardenOff street parking
Back GardenPrivate GardenOff street parking

Overview

Shopwyke Lakes offers residents the perfect balance of rural living with all of the amenities of a thriving and vibrant city just a mile to the west. With both outdoor and urban lifestyles well-catered for, Shopwyke Lakes truly is a home for all seasons.

The final phase offers 1 and 2 bedroom apartments and  2 bedroom houses through our shared ownership scheme, with allocated parking and generously-sized north west facing gardens.

The Hyde difference:

  • High specification as standard
  • 999 year lease
  • Quality fitted flooring included
  • Contemporary kitchens with integrated appliances
  • Turfed gardens
     

The locale:

  • Situated on the outskirts of the cathedral …

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.

from

£126,000

with min. deposit

£12,600

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