Shared Ownership in Worthing, West Sussex 1 bedroom Apartment
- Overall Property Price
- £ 170,000.00
- Shared Ownership Amount From
- 40% / £ 68,000.00
- Rental Price
- £ 180 per month
- 41.57 per week
- Estimated Monthly Service Charge
- £ 174.15
- Shared Ownership
- West Sussex / Worthing
- Energy Rating
- Date Listed
- Estimated Available From Date
- Property Views
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Shared Ownership in Worthing, West Sussex 1 bed apartment – £68,000 for a 40% share
Stonewater Homes are marketing this lovely shared ownership property on behalf of the vendor
Key Features of this Part buy Part rent home
This is a 1 Bedroom first floor apartment that consists of an entrance hallway, kitchen, living room, Master bedroom and bathroom. There is a 40% share available for £68,000 with the ability to purchase additional shares of up to 80%. Service charges and rent at the property amount to £353.77. EPC rating is current ‘B’ with Electric heating.
Externally you will find a communal garden with an allocated parking space.
Location of this West Sussex property
The property is located within easy reach of Worthing town centre with its shopping facilities, amenities and mainline rail links.
EligibilityShared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.
- You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
- You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
- The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
- In addition you be required to pay a reduced rent as well as a mortgage.
Property listed on MovingSoon.co.uk by Stonewater Homes Resales.
Please make sure you include a contact number and email address as well as quoting Property ID (#63964) when submitting your enquiry.
- First Time Buyer
- Shared Ownership Resale
Address, Map and Street View
Flat 5 Mortimer House, Worthing, Penfold Road, Worthing BN14 8PG, UK
For Sale by Stonewater Homes Resales
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