2-bedroom house · BN18 0RQ
Listing removedListed 218 days
Opportunity summary
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About
A choice of two bedroom semi-detached homes available on this current phase at Ryebank Gate Yapton on a shared ownership basis. Contact us today to secure your new home!
Shared ownership two bedroom house available to purchase from a 25% share from £85,000 with a minimum 5% mortgage deposit of £4,250. Full market value £340,000.
Home 232 is a two bedroom semi-detached house with two parking spaces. The entrance hall has stairs leading to the first floor landing and door to the open plan living / dining / kitchen.
The kitchen area has fitted units with laminate matching work top and upstands, single drainer sink unit and double glazed window to the rear aspect.
Fitted appliances include stainless steel single oven with hob, chimney hood and splashback, fridge freezer, washer dryer and dishwasher.
A door leads to the rear hall with door giving access to the garden and further door to the w.c.
The living / dining area has two double glazed windows to the side & front aspects, and access to the under stair storage cupboard.
On the first floor bedrooms 1 & 2 both have a single built in cupboard and double glazed window with the bathroom benefitting from a three piece suite with shower screen, thermostatic mixer shower over bath and double glazed window to the side aspect.
Outside is the rear enclosed garden which is laid to lawn with patio area and parking to the front of the property.
Flooring is provided throughout with carpets to all bedrooms, living area, hallway, stairs and landing and vinyl flooring to the cloakroom, kitchen area and bathroom.
* Brand-new Shared Ownership properties * Rear garden * Ample storage space * Sought-after location * Flooring throughout * Great travel links * 3-piece bathroom with shower over bath Ryebank is situated in the rural village of Yapton, a rural village near Arundel, West Sussex and home to a number of historic buildings and is close to Littlehampton, offering a range of amenities for all your shopping needs as well as relaxing walks in the South Downs or on the seafront which are also close by.
Easy access is provided to walking and cycling routes to the adjoining green area and open fields accessible from the development.
This sought after village also has easy access to Arundel, Bognor Regis, Chichester, Goodwood and London via the A27.
Finance Example: Full Market Value: £340,000 25% Share Price: £85,000 Rent on un-owned share £584.37pcm Estimated estate charge £62.59pcm *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Ryebank you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%) When you’re ready, you can buy more shares until you staircase to owning 100% of your home.* **some images are virtually dressed and are indicative of the homes advertised.
Other images have been taken from previous homes and phases and are not representative of the actual plot advertised and are for example purposes only, measurements and plans are also for example purposes and must not be relied upon.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Plot 232, Ryebank,, Drove Lane, Yapton
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