Share Price £161,700 (from 55% Min. Share)

Full Value £294,000 | £8,085 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Brighton - City of Brighton and Hove

place Upper Gardner Street, BN1 4AN

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Clarion Housing Group resales

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Fantastic one bed apartment in great location - buy with just a 5% deposit*


Eligibility

  • Minimum salaries required are: £41,420 (single), £45,420 (joint)based on a 5% deposit, 5% interest rate and 25 year term
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA - www.helptobuyagent3.org.uk - 03333 214044
  • Applicants should have a live and/or work connection to the Brighton district
  • Priority will be given to serving military personnel

Information correct as at March 2021


Description

A fantastic opportunity to own this well presented one bedroom converted maisonette which is available from just £161,700* through shared ownership.

This stylish conversion has a good sized entrance hall which provides additional storage options and leads up to the main living accommodation.

The living area is a light and bright space with plenty of natural daylight from a feature window.

The kitchen is fitted with wooden units with contrasting dark work surfaces and has space for a washing machine.

The bedroom is light and airy and provides plenty of flexible living space.

The property is ideally located close to all local amenities and schools yet close to Brighton town centre and the seafront.

For commuters there is a direct train service from Brighton to London and there is easy access to the national road network via the A259.

Early viewing is highly recommended.

For further information please contact Emmanuel Abe on 0300 456 0615 Ext 9769


Key Features

  • Buy with just a 5% deposit*
  • Stylish converted Maisonette
  • One bedroom
  • Fixtures and fittings to be agreed
  • 110 years remaining on lease
  • Close to Brighton town centre and seafront
  • Close proximity to local amenities and schools
  • Brighton train station has regular direct services to London Victoria
  • Easy access to the national road network via A259
  • Current energy efficiency rating: C

*terms and conditions apply


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 161,700
Min. £161,700
Share percentage
Min. 55%
Your deposit
Min. £8,085
Monthly cost*
£1,046
Cost breakdown
£222
Rent
£18
Service charge
£806
Mortgage*
Calculated using a representative rate of 3.94%
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Clarion Housing Group resales

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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.