Flat to rent in Morris Square, Bognor Regis PO21

The Property

Available on the Rent To Buy scheme only.

Located in a prestigious modern estate in North Bersted is this stunning, high quality first floor apartment was constructed by Berkeley Homes in 2020. The apartment is beautifully presented, bright, light and airy and has it's own private entrance.

Internally the property comprises two double sized bedrooms, one with an en-suite shower room, a beautifully designed bathroom, open plan social area and fully fitted kitchen complete with integral appliances.

The purpose built block is well maintained and benefits from gas central heating, double glazing. A modern home offering sunny, spacious accommodation as well as the handy parking space.

Please note: The images used for marketing pre-date the current tenancy.

The Rent to Buy Scheme

The Scheme is designed to support tenants moving into home ownership and operates by providing a 20% discount from the normal market rent value to the occupying Tenant. The Tenant is expected to save the remaining 20% rent for use as a mortgage deposit. At the end of a of 5 year period, the Tenant must purchase the property at the market value at that time. (The market value will be determined by a RICS surveyor).
Tenants who are unable to make the purchase must move out. Tenants are unable to remain remain in residence past 5 years.
An initial tenancy of 6 months will be arranged, however, the Tenants are expected to rent for a period totalling 5 years.

Qualification criteria applies:
The Tenant must intend to rent for the 5 year term and make the purchase at the end of that term.
The Tenant must not already own another home.
The Tenant must personally occupy the property as their full time home.
The Scheme is aimed at working people; at least x1 Tenant in the household must in be in full time employment.
The Tenant must pass normal referencing criteria without any external assistance. Guarantors and Savings will not be considered in lieu of a referencing pass.

Income and Referencing Criteria

To qualify for a tenancy Prospective Tenants will be required to demonstrate a 'stable income' that is at least £42,240 per year.

Other referencing criteria will apply and checks will be made including a search of credit score, historical poor credit, iva's and bankruptcy, employment checks, banking references and previous landlord references. This is not an exhaustive list, other checks may be made as the situation warrants. Referencing can be complex process, please talk to a member of our team should you have concerns about your ability to pass references.

Material Information

Council Tax: Arun District Council - Band C
Rent: £880 pcm
Security Deposit: £1015
Property Type: Apartment. Purpose Built, First Floor.
Construction Type: Standard
Number and Types of Rooms: 2 Beds, lounge / kitchen, bathroom and ensuite.
Electric, Water, Drainage: Mains Supply
Heating: Gas

On 04/09/2024 information from the Ofcom Website shows:
Broadband Availabitlty Max Down. Max Up
Standard ✓ 5 mbps 0.7 mbps
Superfast ✓ 80 mbps 20 mbps
Ultrafast X

Mobile Indoor Outdoor
Voice / Data Voice / Data
EE Limited / Limited Limited / Limited
Three Limited / Limited Limited / Limited
O2 Likely / Limited Limited / Limited
Vodafone Limited / Limited Limited / Limited

Restrictions: See above reference the Rent to Buy Scheme. The property is not suitable accommodation for sharers or young children or pets.
Minimum Tenancy Term: An initial term of 6 months will be arranged. See above ref the 5 year term and purchase arrangement.