3 bedroom house for sale
8 Brambling Close, 8 Brambling Close, BN10 8US
Share percentage 50%, full price £380,000, £9,500 Min Deposit.
Share percentage 50%, full price £380,000, £9,500 Min Deposit.
Monthly Cost: £1,577
Rent £435,
Service charge £59,
Mortgage £1,083*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
Brand new 3-bedroom terraced house in the Chalkers Rise Development, available through shared ownership in Peacehaven. The price represents purchasing a 50% share of the property
Description
Brand new 3-bedroom terraced house in the Chalkers Rise Development, available through shared ownership in Peacehaven. The price represents purchasing a 50% share of the property
About the Development
Chalkers Rise is a wonderful new development, nestled between the outstanding southern English coastline and the South Downs national Park. The opportunity to own your own home in this development offers a wonderful coastal location and a selection of local amenities with something for everyone.
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
About the Home
This plot is a brand new 3 bedroom terraced house. Upon entry there is a long hallway with access to the separate kitchen on one side and the ground floor WC on the other. To the rear is the lovely open plan lounge/dining room, perfect for entertaining.
On the first floor there is a landing with access to two bedrooms, both with large windows for natural light as well as the three piece bathroom with shower over bath.
The second floor gives access to the wonderful first bedroom, which is very spacious and provides ample storage.
About the Area
This development is located a mere 8 miles from the ever popular location of Brighton, where there are more retail and tourist opportunities and the surrounding rural and park locations offer walking routes and cycling trails that lead to some spectacular landmarks.
The area offers a selection of great local schools and local amenities to suit everyone's wants and needs
Shared Ownership
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. You can buy a minimum 50% 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.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- 3 bedroom end terraced house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- 3 piece bathroom with shower over bath
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan 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 50%, full price £380,000, £9,500 Min Deposit. Calculated using a representative rate of 5.26%
