2 bedroom apartment for sale

Available

Grand Avenue, BN3 2LS

£123,750 · Shared Ownership New Build

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

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Visit us at our Open Day - Sun, 21st April
Floor plan
floor-plan
Floor plan
floor-plan
£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

£
Eligibility


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.
Summary

2 bed seafront apartments - ready to move into!

Description

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

Register your interest and book your viewing.

Key Features

Cycle stores

Balcony or terrace with every home

2 min walk from the beach*

Integrated Appliances

Stunning Designs

Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document Floor Plan Brochure Brochure Price List
Virtual Tour
https://my.matterport.com/show/?m=gmbmLG8XGse
Video Tour
Map
Hove (0.74 miles) Aldrington (1.01 miles) Brighton (1.22 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.

£123,750
Shared Ownership New Build
Estimated Monthly Cost:£1,697
Rent £851
Service Charge £141
Mortgage £705

Share percentage 25%, full price £495,000, £6,188 Min Deposit. Calculated using a representative rate of 5.26%


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Grand Avenue
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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.