keaze logo

Ruskin Court,7 Ruskin Avenue, Bognor Regis,PO21 5BW

Shared ownership

7 Ruskin Avenue, Bognor Regis, PO21 5BW

Sale under offer
Shared ownership
Photo of Ruskin Court,7 Ruskin Avenue, Bognor Regis,PO21 5BW
Live from space album cover

from

£50,000

with min. deposit

£2,500

25% Share from
£50,000
Full market price
£200,000
Minimum deposit
£2,500
Monthly rent
£349
Monthly service charge
£131.13
Reservation free
£300
Administration free
£450

2 bedroom flat

A fantastic opportunity for first time buyers, a lovely spacious two-bedroom apartment in the desirable semi-rural village of North Bersted, the secure communal entrance leads to the front door of the ground floor apartment which in turn opens in a spacious entrance hall with plenty of storage for coats, hats and shoes.  To the left of the hallway are two double bedrooms, opposite is the newly renovated bathroom, the living room and contemporary kitchen are at the end of the hallway.  With windows to the front, side and rear you will be sure of lots of light.  The property also comes with allocated parking.


 

Bersted Park is set in a tranquil …

Features

On street/resident parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
EER Current80

from

£50,000

with min. deposit

£2,500

25% Share from
£50,000
Full market price
£200,000
Minimum deposit
£2,500
Monthly rent
£349
Monthly service charge
£131.13
Reservation free
£300
Administration free
£450
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.

Similar properties

Lewes Court
Shared ownership

Lewes Court

Chatsworth Place, Merton

1

1

Minimum deposit

£7,000

70% Share from

£140,000

Full price

£200,000

44 Regis Gate
Shared ownership

44 Regis Gate

North Street, Sittingbourne

2

1

Minimum deposit

£7,500

75% Share from

£150,000

Full price

£200,000

Marsh Court
Shared ownership

Marsh Court

Sale under offer

Marsh Court, Admiral Drive, Stevenage

2

1

Minimum deposit

£3,000

30% Share from

£60,000

Full price

£200,000