Shared Ownership in Worthing, West Sussex 2 bedroom Flat

  • £205,000

    Equity share: 40% / £82,000

United Kingdom, BN14 8PG, Worthing, Worthing, 77 Penfold Road
For Sale Shared Ownership

Shared Ownership in Worthing, West Sussex 2 bedroom Flat

United Kingdom, BN14 8PG, Worthing, Worthing, 77 Penfold Road
  • £205,000

    Equity share: 40% / £82,000

Property Overview

  • Flat
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 2 bedroom Flat Shared Ownership. It is situated in Worthing, West Sussex and is available now.

Flat 9, Mortimer House, 77 Penfold Road, Worthing

Two Bedroom purpose built second floor flat, one bathroom, Leasehold property, Allocated parking off road, Double glazed windows, storage room and location near schools.

As this property is a flat, please note that as a result of building safety regulations, some lenders are requiring certain properties to have a completed EWS1 form. An EWS1 (External Wall System) form provides independent assurance that your building meets the requirements of the Government’s latest standards.

Unfortunately, we have seen that some lenders may still wish to request this information even though it is not a legal requirement. Stonewater do not have an EWS1 in place for all buildings and should a mortgage lender require this, any purchase may be impacted. If an EWS1 is requested, whether one is required or not, Stonewater are committed to providing as much information as possible to satisfy a lenders request for an EWS1. We suggest you speak with a financial advisor before proceeding.

Further information about EWS1 and Stonewater’s position can be found at https://stonewaterhomes.co.uk/government-guidance-changes-for-EWS1

 

Viewings

Seller Name: Edmond Rateiwa & Ronia Rateiwa

Seller Contact Details: 07877403922 / 07449078164

erateiwa@yahoo.co.uk

rateiwaronia@yahoo.com

 

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

 

 

Property Address

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  • Address United Kingdom, BN14 8PG, Worthing, Worthing, 77 Penfold Road
  • City Worthing
  • County West Sussex
  • Postal Code BN14 8PG

Details

Updated on April 4, 2024 at 3:40 pm
  • Property ID: MS-123948
  • Rental Amount Per Month: £272/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 188
  • Value Of The Equity Share: 40% / £82,000
  • Overall Property Value: £205,000
  • Tenure: Leasehold
  • Council Tax Band: Unknown

Contact Stonewater Homes Resales about: Shared Ownership in Worthing, West Sussex 2 bedroom Flat

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