Grand Avenue

Phase 1 now launched and ready to move into!

Go dutch on home ownership - buy with a friend and invest in your future - splitting the cost of Shared Ownership with a friend is a great way to get on the property ladder. 

At Grand Avenue our 2 bedroom Shared Ownership apartment mortgage deposits start from £3,281 and monthly costs are from £919 each when you share with a friend.* For a limited time only selected homes benefit from reduced monthly rents - save up to £191 each per month!†

Interested to find out more? Join us at our Open Day at Grand Avenue - Sunday, 21st April and find out more about what it means to buy a Shared Ownership property with a friend. Whether you're looking to speak to a financial advisor or a solicitor, or simply want visit our beautiful show homes, you can have it all. 

Fresh start to a new life! 

About Grand Avenue

2 bedroom Shared Ownership apartments on Hove's seafront.

Best Show Home winner - First Time Buyer Reader's Award 2023
Best Shared Ownership development winner - Evening Standard New Homes Awards 2023

Situated on Hove's seafront an only 2 minute walk away from the beach, Grand Avenue has been designed to create a welcoming community and has a relaxed seaside feel. Built to the highest quality standards, the apartments offer energy-efficient interiors and balcony or a terrace to every home. The development features landscaped grounds and a private residents' courtyard for you to enjoy. Homes benefit from clean and airy designs, high specification throughout and Bosch and Hoover integrated appliances.

 

Shared Ownership

Did you know the key benefits of Shared Ownership? 

Low deposit - you only pay from 5% of the share you are buying. 
Flexibility - you choose when you want to purchase extra shares.
Accessibility - with Shared Ownership you can get on the property ladder quicker and it helps you get the mortgage even with a lower income.
Watch out video below to find out more about Shared Ownership.

 

Eligibility Criteria

If you're interested in buying an apartment through Shared Ownership at Grand Avenue, you'll need to meet the following criteria based on your situation:

Have a yearly household income of under £80,000
Be unable to purchase a suitable home to meet your housing needs on the open market
You do not already own a home or you will have sold your current home before you purchase
 

Next Steps

Register your interest and book your viewing.

*Deposits, monthly payments and monthly rent savings are calculated assuming 95% LTV mortgage and 6% interest rate and divided equally in two. Deposit and total monthly cost is subject to individual circumstances, affordability and the share purchased. Speak to a member of our Sales Team and financial advisor for more details.

†Reduced rents only apply on selected plots. Rents shown on the website are after the reduction. Rent increases annually and
effective prior to 1st April each year based on the terms set out in the lease.

Virtual tour
https://my.matterport.com/show/?m=pAF6vbDMvia

Properties within this development

6 properties
check_circle Available now
£123,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £495,000, £6,188 Min Deposit.

Monthly Cost: £1,697
Rent £851, Service charge £141, Mortgage £705*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Visit us at our Open Day - Sun, 21st April
check_circle Available now
£128,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £515,000, £6,438 Min Deposit.

Monthly Cost: £1,759
Rent £885, Service charge £140, Mortgage £734*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Phase 1 now launched and ready to move into!
check_circle Available now
£138,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £555,000, £6,938 Min Deposit.

Monthly Cost: £1,505
Rent £572, Service charge £142, Mortgage £791*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Visit us at our Open Day - Sun, 21st April
check_circle Available now
£127,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £510,000, £6,375 Min Deposit.

Monthly Cost: £1,743
Rent £877, Service charge £139, Mortgage £727*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Visit us at our Open Day - Sun, 21st April
check_circle Available now
£160,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £640,000, £8,000 Min Deposit.

Monthly Cost: £2,167
Rent £1,100, Service charge £155, Mortgage £912*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Phase 1 now launched and ready to move into!
check_circle Available now
£125,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £500,000, £6,250 Min Deposit.

Monthly Cost: £1,368
Rent £516, Service charge £140, Mortgage £712*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Visit us at our Open Day - Sun, 21st April
Showing of 6 properties
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