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2 bed flat for sale Arundel Road, Littlehampton

Asking price

£85,000

Added two days ago

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Key features

Purpose Built Second Floor Apartment
50% Shared Ownership - The Property Can Be Purchased with 100% Ownership For £170,000.
Two Bedrooms
Open Plan Lounge with Fitted Kitchen
Bathroom with Shower
Gas Fired Central Heating
Double Glazing
Communal Garden & Bike Store/Storage Cupboard
108 Year Lease Remaining
Town Centre Location

About this property

Glyn-Jones and Company are delighted to offer this rare opportunity to purchase this 50% shared ownership modern apartment. The property can be purchased with a 100% ownership for £170,000. The accommodation comprises; an entrance lobby, a hallway, a spacious open plan living room with a kitchen area which has space for a dining table, two bedrooms and a bathroom with shower and skylight.

Floorplan

Council tax

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Location

Arundel Road, Littlehampton

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Mortgage and stamp duty

Property price £85,000

£43k £128k

Deposit11% £9,000

£0 £85k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 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.