House For Sale £142,000
A hidden seaside gem
A beautiful new community of 2, 3 & 4 bedroom houses available with Shared Ownership located in the sunny coastal town of Selsey.
Plot 97 is a 85 square meter three bedroom semi detached house with integrated appliances, a garage and two parking bays at Manor Gardens available with Shared Ownership.
Financial Breakdown:
- Full Market Value: £355,000
- 40% Share Value: £142,000
- 5% deposit of 40%: £7,100
- Rent on unowned share: £489 per month
- Service Charge: £92.71 per month
- Council Tax: TBC*
Living here, you’ll benefit from all the amenities in this charming seaside town on the popular West Sussex Coast including excellent nearby amenities, local schools, transport options and stunning beaches. Plus, the bustling cities of Portsmouth and Chichester are within a commutable distance.
With a home at Manor Gardens you can put lifestyle first, thanks to the proximity to stunning coastline and seaside attractions. Plus, Selsey is one of the sunniest places in the UK!
The best of both worlds
Manor Gardens is within walking distance of beautiful beaches and a range of excellent local amenities. Chichester and Bognor Regis are less than half an hour away with a great range of shops and attractions, while the thriving city of Portsmouth is 36 minutes away by car.
From Chichester station, there are regular trains into Bognor Regis, Worthing, Portsmouth, Southampton and you can be in London Victoria in just over and hour and a half.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Manor Gardens, you'll need to:
- Have a gross household income of no more than £80,000 per annum
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Not already own a home or you will have sold your current home before you purchase
- Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
