2 bedroom apartment for sale

Available

FLAT 4 South Road Mews, South Road, BN1 6ZD

£175,000 · Shared Ownership Resale

Share percentage 50%, full price £350,000, £8,750 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£175,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £350,000, £8,750 Min Deposit.

Monthly Cost: £1,411
Rent £271, Service charge £143, Mortgage £997*

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 market this two bedroom property.

Description

We are delighted to market this two bedroom property. This two bed property offers lots of space, with a large entrance hallway providing a storage cupboard, allowing plenty of space for coat and shoe storage. The kitchen is well-equipped and provides lots of space for all your pots and pans. The living room is a separate room, allowing you to create a cosy living space. The property comes with two bedrooms, both providing plenty of space for all of your furniture needs. You also have a good sized bathroom featuring a shower over bath.

This property is a ground floor flat in a three story block. It benefits from an allocated parking space close by to the property, in addition there is a bike shelter welcome to use by all residents.

Key Features
  • Located across from Preston Park
  • Surrounded by local shops and amenities
  • 9 Minute walk from Preston Park Train station and 30 Minute walk to Brighton Train Station
  • Close by to Brighton Sea front
Particulars

Tenure: Leasehold
Lease Length: 75 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Preston Park (0.36 miles) London Road (Brighton) (0.71 miles) Brighton (0.92 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.

£175,000
Shared Ownership Resale
Estimated Monthly Cost:£1,411
Rent £271
Service Charge £143
Mortgage £997

Share percentage 50%, full price £350,000, £8,750 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.