1 bedroom apartment for sale

Available

Cypress Villa, 251 Preston Road, BN1 6HU

£122,500 · Shared Ownership Resale

Share percentage 35%, full price £350,000, £6,125 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£122,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £350,000, £6,125 Min Deposit.

Monthly Cost: £1,390
Rent £483, Service charge £209, Mortgage £698*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are 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 or rent.

 

Summary

We are delighted to offer this stunning 1 bedroom apartment in the heart of Brighton.

Description

Inside, you find a spacious hallway complete with a storage cupboard & plenty of room for additional storage or shoe/coat storage. Next up you have the large double bedroom room with a built wardrobe and plenty of additional space for any bedroom furniture you may need, including a work from home space. Moving on you will find a stylish, open plan kitchen and living area. Here you will find lots of natural light from the large triple window, and lots of space for lounging and dining. The kitchen has modern, white gloss fixtures and plenty of space for food preparation. Finally, you have a modern bathroom with a shower over bath. The property also benefits from a parking space, a long lease of 121 years and communal green space.

With all that Brighton has to offer a short 15 minute drive away, you will have a wealth of things to do. A short, 10 minute walk away you will find the large green space that is Preston Park which offers plenty of space for walking and some small cafe's for amenities whilst on your stroll! For shopping, Brighton Pier, the Lanes and Churchill Square Shopping mall are all within 15 minutes drive, offering anything from chain restaurants and high street stores to quirky, one of a kind cafe's and bars. Brighton Mariner is also around 15 minutes drive away, giving you access to leisure activities such as crazy golf, bowling and lots of other restaurants to enjoy.

5 minutes walk away you will find Preston Park Train station, giving direct links to London Bridge.

Key Features
  • Long Lease of 121 Years
  • Good Transport Links
  • Lots to do Nearby
  • Modern Property throughout
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B

Property Downloads
Floor Plan Energy Certificate
Map
Preston Park (0.12 miles) London Road (Brighton) (0.92 miles) Hove (1.08 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£122,500
Shared Ownership Resale
Estimated Monthly Cost:£1,390
Rent £483
Service Charge £209
Mortgage £698

Share percentage 35%, full price £350,000, £6,125 Min Deposit. Calculated using a representative rate of 5.26%


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.