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Property for sale Broadstrand, Rustington

Asking price

£11,000

Added two days ago

Tenure: Leasehold

Key features

Timber-built Beach Hut (approx. 8ft x 6ft)
Secure Double Door Access
Pitched Felt Roof
Situated off Rustington Greensward
Uninterrupted Sea Views

About this property

LEASEHOLD INFORMATION Tenure: LEASEHOLD – We are advised that there are approximately 2-years remaining on the lease (14-years from 2/10/2013). However, we are advised that the lease can be extended on an annual basis upon conclusion of the initial term. Ground Rent: £523.

Council tax

Ask agent

Location

Broadstrand, Rustington

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Mortgage and stamp duty

Property price £11,000

£6k £17k

Deposit9% £1,000

£0 £11k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £10,000 mortgage. Most lenders would want a household income of about £3,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.