1 bedroom apartment for sale
Edward Street, Edward Street Quarter, BN2 0BE
Share percentage 25%, full price £355,000, £8,875 Min Deposit.
Share percentage 25%, full price £355,000, £8,875 Min Deposit.
Monthly Cost: £1,298
Rent £610,
Service charge £256,
Mortgage £432*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
To be eligible for a home at Edward Street Quarter, you'll need to:
- Have a combined household income under £80,000
- Not own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Eligible buyers must also be registered with Help to Buy
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Summary
A vibrant collection of new 1 & 2 bedroom apartments available with Shared Ownership in Brighton, East Sussex. Homes at Edward Street Quarter will be ready to move into for Autumn 2022.
Description
EXCLUSIVE OPEN DAY | SATURDAY 28TH JANUARY | 10AM - 4PM
Don't miss your final chance to get on the property ladder at Edward Street Quarter!
Join us on Saturday 28th January from 10am - 4pm for our exclusive open day at Edward Street Quarter.
Located just a short distance from the beach, each apartment provides an impressive specification throughout, with underfloor heating, integrated appliances, large windows providing plenty of natural light and a neutral décor ready for you to add your own personal touch.
With one bedroom apartments available with Shared Ownership, starting from just £72,500 for a 25% share, you can purchase your new home with a lower deposit than you'd need to buy outright or with other buying schemes, meaning you could get on the property ladder sooner than you may think.
Bookings are by appointment only, so register today to reserve your place.
Say Hello to Seaside Living
A vibrant collection of new 1 bedroom apartments available with Shared Ownership in Brighton, East Sussex.
Plot F1.05 is a 1 Bedroom, First Floor Apartment, with underfloor heating & fully integrated kitchen appliances, at Edward Street Quarter, Brighton, available to purchase through Shared Ownership.
Available to purchase from a 25% share at £88,750.
Financial Breakdown:
- Full Market Value: £355,000
- 25% Share Value: £88,750
- 10% deposit of 25%: £8,875
- Rent on unowned share: £610 per month
- Service Charge: £256 per month
- Council Tax: TBC*
With a blend of apartments and creative businesses side by side, the stunning development has an address that very few developments in Britain could match. Edward Street Quarter is the perfect place to call home as it is set amongst beautiful open spaces and attractive boulevards lined with trendy restaurants and cafes.
The new, modern apartments allow plenty of natural light, offer neutral décor ready for you to add your own personal touch and are perfectly placed to give you access to the best of Brighton.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
Homes at Edward Street Quarter will be ready to move into now.
Sea view images taken from the balcony of plot E5.02.
For more information and to stay informed of updates please register your interest.
LOCAL AREA
The Beauty of Brighton Awaits You
Living at Edward Street Quarter, you’re perfectly placed to enjoy the best of both worlds, Brighton really is the place to be. The town is full of old school pubs as well as trendy modern bars, nightclubs and restaurants to suit every taste and pocket. There are shops galore, and the Lanes offers a magical experience as you wind down narrow, cobbled alleyways. Perfect for exploring!
Sport fanatic? You’ll be right at home here with a premiership football and first-class cricket for you to watch, not to mention a top race course just down the road. But the town’s not just about professional sport, you’ll find a range of gyms and sports clubs for all levels of skill and fitness too.
If you’re in search of the perfect day out, the famous, historic Royal Pavilion, George IV’s extraordinary seaside pleasure palace, is well worth a visit. Full of fascinating history, it’s a great place for adults and children a like. You’ll never run out of things to do in this uniquely vibrant part of the world as Edward Street Quarter is perfectly placed to give you access to the marina and the main town of Brighton too.
Brighton is the perfect starting point to explore the southern coast of England and much more. Head North and you’re soon on the South Downs, with its stunning clifftop views across the channel. Look in the other direction and you’ll see the whole beauty of the weald open up before you. Then, at the end of the day you can retire to one of the country pubs dotted across the Downs.
For more information and to stay informed of updates please register your interest.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
NB: Interior images are CGI representations taken in an actual 2 bedroom apartment at Edward Street Quarter
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
Key Features
Key Features:
- Integrated multi-function oven, induction 4 zone hub with glass splashback & cooker hood
- Integrated Indesit fridge/freezer & dishwasher
- Washer dryer in utility cupboard
- Underfloor heating throughout with individual room control
- Sky Q connection to living room
- Cycle store
- Communal roof terrace & ground level communal gardens
Edward Street Quarter Block E Specification:
Kitchen
• Matt grey kitchen with soft close, slimline handles and under unit lighting
• Wall tiling to kitchen splashback
• Slimline laminate worktop
• Stainless steel 1 1/2 bowl sink with Blanco chrome mixer tap
• Integrated multi-function oven
• Induction 4 zone hob with glass splashback
• Integrated cooker hood
• Indesit integrated fridge/freezer
• Indesit integrated dishwasher
• Washer dryer within utility cupboard
• Integrated recycling bin
Bathroom
• Ideal Standard contemporary white bathroom suite with back to wall toilet and wall hung basin with chrome mixer taps
• Glass shower screen over bath
• Thermostatic shower valve with chrome shower head
• Ceramic floor tiles to bathroom
• Large format white stone effect tiling laid full height to bath and shower with half height to sanitaryware walls
• Chrome heated towel rail
• Shaver socket
• Mirrored bathroom cabinet with lighting
• Chrome robe hook
• Chrome toilet roll holder
Flooring
• Amtico Click Smart oak effect flooring throughout except bathroom
General
• Built in wardrobe with sliding doors to main bedroom
• Underfloor heating throughout with individual room control
• White painted architraves, skirting and ceiling
• Soft white painted walls
• White internal doors with brushed chrome ironmongery
• Sprinkler system
Electrical
• Sky Q connection to living room*
• TV point to living room and bedrooms
• Telephone point to hall and living room
• Superfast fibre optic broadband connectivity*
• Video door entry system
• Smoke, heat and carbon monoxide detectors
• Extractor fan to bathroom
• White sockets and switches throughout
• LED downlights throughout
Communal Area
• Lockable post boxes to lobby area
• Lift to all floors
• Cycle Store
• Communal roof terrace on Level 4 and communal gardens at ground level
• On site Estate Manager
Particulars
Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price List Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £355,000, £8,875 Min Deposit. Calculated using a representative rate of 4.24%