Under Offer
Asking Price £247,500

2 bed house for sale in Barnham Road, Eastergate, PO20 (ref: BRS230585)

Shortlist

Key Features

  • 2 Bedroom Shared Equity Semi Detached Home Currently Under Construction
  • Anticipated Completion April 2024
  • 75% of the full Open Market Value of £330,000 with no rent to pay on remaining 25%
  • 2 Bedrooms
  • Family Bathroom
  • Kitchen/Dining Room
  • Living Room with Double Doors to Rear Garden
  • Rear Garden
  • Two Parking Spaces
  • Air Source Heat Pump
*** WHY RENT WHEN YOU COULD BUY? ***

With a £20,000 deposit you could secure this fabulous shared equity 2 Bedroom home on the borders of Eastergate and Barnham, with a monthly mortgage payment of £1,128* (subject to meeting certain criteria in order to purchase and a mortgage of £227,000 over 35 years. *During the fixed rate period. Subject to affordability)

A unique opportunity to purchase a brand new, 2 bedroom semi detached shared equity property on this sought after development on the borders of Eastergate and Barnham, approximately one mile from Barnham Station.

Currently under construction by Elivia Homes Ltd on behalf of Landspeed Homes Ltd, Plot 12 can be purchased at 75% shared equity of the full open market value of £330,000. There is NO RENT TO PAY on the 25% balance. Anticpated completion is in April 2024.

The property comprises a Living Room with bay window, Kitchen/Dining Room with double doors to the South West Facing Rear Garden and Cloakroom to the Ground Floor, and 2 Double Bedrooms and Family Bathroom to the First Floor. The property also has the benefit of two allocated parking spaces and a landscaped front garden.

Certain criteria must be met in order to purchase this property and if you presently live, work or have a close family connection in the Arun District Council are and are unable to purchase a new home in the open market you may be eligible. Full information regarding the shared equity scheme is available upon request.

The internal photographs are from previous Landspeed developments and the specification may vary from that offered on this property at Saint George's Park and they are for illustrative purposes only.

Living Room4.93m x 4.04m

Kitchen Area3.8m x 1.75m

Dining Area3.18m x 2.29m

Bedroom 14.04m x 3.15m

Bedroom 24.04m x 3.12m

Stamp Duty Due

Based on a sale price of £247,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

2 bed house for sale in Barnham Road, Eastergate 0

Plots 12 & 13

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Site Plan

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Previous Development

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Previous Development

2 bed house for sale in Barnham Road, Eastergate 4

Previous Development

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Previous Development

2 bed house for sale in Barnham Road, Eastergate 6

Previous Development

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Picture No. 35

Further Details

  • Status: Under Offer
  • Tenure: Freehold
  • Tags: Energy Efficient, Garden, New Home, Parking and/or Driveway
  • Reference: 553942

Location