Sold STC
1 / 3
2 / 3
3 / 3
Loading street view...
2 Bedroom House

Blandings Way, Emsworth, PO10

£ 138,750

Call the Shared Ownership branch on 02380 820 121

Features:

  • Brand new Shared Ownership home
  • Open plan lounge diner
  • Two bedrooms
  • Separate kitchen
  • Parking
  • First floor accommodation

 

Property Description:

Shared Ownership

This brand new home is available to buy from as little as £138,750 with a 50% share!

Saxon Corner is within walking distance of Emsworth town centre, the sea and a variety of shops, cafes and restaurants. Enjoy excellent transport links with the A27 to Chichester, with the A3 to Petersfield on your doorstep. There is also a great choice of local schools, nurseries and colleges nearby.

Set within Hampshire, Emsworth is a picturesque town with a peaceful atmosphere. It has beautiful streets of architecture, high walled gardens and stunning views across the harbour. Families can explore the beautiful countryside all around, and enjoy a more relaxed way of life. Take in the scenic beauty and fresh sea air on offer with plenty of local walking trails around the town and at the harbour. Petersfield and Chichester are close by and you can be at Waterloo in under 90 minutes.

This brand new first floor coach house home features an open plan lounge/dining room with a separate kitchen, two bedrooms, bathroom and an allocated parking space.

PRICING & AFFORDABILITY

Size 700 sq ft

Full Market Value: £277,500

50% Share Price: £138,750 (rent £317.97pcm)

60% Share Price: £166,500 (rent £254.38pcm)

75% Share Price: £208,125 (rent £158.98pcm)

Minimum 5% Mortgage Deposit (50% share): £6,938

Approximate Service Charges: £54.82 pcm*

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.

At Saxon Corner you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

' Your annual household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)

' You have a deposit of at least 5% of the share value

' You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

' This will be your only residence.

' You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit www.sagehousing.co.uk.

 

Call the Shared Ownership branch on 02380 820 121