2 bedroom semi-detached house for sale

£70,000 Shared ownership

Nutbourne Lea, Main Road, Nutbourne, West Sussex PO18

2 bedroom semi-detached house for sale 2 1
Interested in this property? Call +44 1243 468781 * or Request Details

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Property description

Full market price - £280,000
25% share price - £70,000
Monthly rent - £481
Monthly service charge - £40

Don't miss out - final 2 bedroom houses available through Shared Ownership

What is Shared Ownership?

Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can usually buy more of the property until you own 100%.

You will need a small deposit at the outset – a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?

There are certain conditions to be eligible for a Shared Ownership property:

• Local connection eligibility criteria is applicable
• Your annual household income must be no more than £80,000.
• You must be unable to purchase a home suitable for your needs without assistance.
• You must not have any outstanding credit issues (i.e. Unsatisfied defaults or county court judgments).
• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may also need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

Nutbourne Lea is close to some of the most beautiful nature reserves and beaches on the south coast as well as being a short drive to the historic city of Chichester with all the amenities, entertainment and activities the area has to offer.

Our homes come with a selection of quality modern appliances, fittings and finishes making this an ideal opportunity for first-time buyers, couples and young families.

To register your interest, or if you have any questions, please contact the Customer Service Team – Sales as soon as possible by email or phone.

Nearby transport

  • Nutbourne (0.3 miles)
  • Southbourne (0.9 miles)
  • Bosham (1.8 miles)
  • Southampton Airport (21.7 miles)
  • Shoreham Airport (25.9 miles)
  • London Gatwick Airport (37.0 miles)
  • Bosham Hoe Ferry Landing (2.4 miles)
  • West Itchenor Ferry Landing (2.7 miles)
  • Hayling Island Ferry Landing (6.8 miles)

Nearby schools

View all schools in Chichester
  • Chidham Parochial Primary School (0.6 miles)
  • Southbourne Infant School (0.8 miles)
  • Southbourne Junior School (0.8 miles)
  • Bourne Community College (1.2 miles)
  • Glenwood School (SEN) (2.3 miles)
  • Warblington School (3.5 miles)
  • St Anthony's School (SEN) (4.6 miles)
  • The Prebendal School (4.7 miles)
  • Fordwater School, Chichester (SEN) (5.0 miles)
Note: Distances are straight line measurements

About the neighbours in PO18

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For more information about this property, please contact
Clarion Housing - Nutbourne Lea, PO18 on +44 1243 468781 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Nutbourne Lea, and do not constitute property particulars. Please contact Clarion Housing - Nutbourne Lea for full details and further information. The Running Costs data displayed on this page are provided by SmartNewHomes to give an indication of potential running costs based on various data sources. SmartNewHomes does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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