Terraced house for sale in Barker Road, Storrington RH20

**price based on A 40% share – total property value is £350,000**

Minimum deposit: £14,000 | 40% share price of £350,000

Available for resale shared ownership, an extremely new and beautifully presented, two-bedroom, terraced house situated in the charming West Sussex village of Storrington. This modern property comprises an open plan kitchen/diner, with fitted kitchen including inbuilt oven and hob, two double bedrooms, a family bathroom with shower over bath, downstairs W/C and several built-in storage cupboards including under-stairs storage. The property also benefits from a well-maintained private garden and two parking spaces with visitor parking available.

Warren Grove is a delightful development in the charming West Sussex village of Storrington, on the edge of the South Downs National Park. Storrington has a strong sense of community and a good range of local amenities, including independent boutiques, a Waitrose supermarket, a traditional butcher, delis, a post office and three pubs. Kithurst Hill is a famous local beauty spot with stunning views and nearby Parham House is a handsome Elizabethan manor with beautiful gardens and grounds. Leisure opportunities are also plentiful. From Storrington village centre there’s easy access to the famous South Downs Way walking trail which runs from the Hampshire city of Winchester to the coastal resort of Eastbourne. Local bus links are available to Worthing, Horsham and surrounding areas.

Lease: Commenced 2018 with 999-year term

Council Tax Band: Horsham Council – C

financial information:

Property Value = £350,000

Percentage Share = 40%

Share Price = £140,000

Monthly Ground Rent = £20.83

*Monthly Rent = £529.93

*Monthly Service Charge = £68.06

**Monthly Mortgage Payment = £851

***Annual Household Income = £53,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 25-year repayment mortgage with an interest rate at 6.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

Please note that any interested buyer/S must be approved by hyde homes and complete A shared ownership eligibility application – contact us for more info