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
** NEW RELEASE **
An 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.
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)
Currently under conctruction by Elivia Homes Ltd on behalf of Landspeed Homes Ltd, Plot 13 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.
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.
Please note that the external specification of this property has changed and the porch posts will now be changed to gallow brackets.
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.