3 bedroom apartment for sale

Available

Coldean Lane, BN1 9GR

£103,125 · Shared Ownership New Build

Share percentage 25%, full price £412,500, £10,313 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Balcony/Terrace
Parking
The Wild Cherry apartments launching on the 27th of April.
Floor plan
Floor plan
£103,125 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £412,500, £10,313 Min Deposit.

Monthly Cost: £1,362
Rent £709, Service charge £121, Mortgage £532*

Calculated using a representative rate of 4.80%

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

The Wild Cherry apartments launching on the 27th of April. Keep an eye out for your launch invite!

Description

Prices start from £103,125 for a 25% share, based on a full market value of £412,500 for a three-bedroom apartment.

Your estimated monthly outgoings*:
Monthly rent: £708.98
Monthly service charge: £121.30
Total outgoings**: £1329.28

Minimum household income: £47,000
10% deposit: £10,312
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.

Step through the front door and immerse yourself in the modern, open layout of this third-floor 3-bedroom apartment. Experience the seamless blend of living and dining areas, featuring a stylish matt-anthracite grey kitchen with integrated appliances, plank-laminate flooring, and ambient downlighting. Discover comfort in the double bedroom with your own private en-suite, equipped with a shower with an overhead fixture or treat yourself to the modern family bathroom, featuring natural tone porcelain tiles, a white suite with a bath and an overhead fixture with glass screen. Enhance the experience with a generously sized boutique-style mirror that adds a touch of luxury. And to add convenience, there is plenty of storage and a balcony to the living room.

The Hyde Difference

Over 90% customer satisfaction for 11 consecutive years
Experienced in-house sales team to help you with the process to owning your own home
Option to purchase more shares and own your home outright at any time
High specification as standard
Contemporary kitchen units with integrated appliances
Premier Guarantee
250 year lease
Quality flooring included

Key Features
  • Allocated parking to all homes
  • Cycle storage and electric car charging points
  • Private balconies, terraces or patios to all homes
  • Landscaped terraced communal gardens
  • Countryside views
  • Travel incentives such as Bus passes, Bike purchase voucher incentives, Beryl Bike hire membership, and Enterprise Car hire membership are available to every resident
Particulars

Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document Floor Plan Brochure
Map
Falmer (1.01 miles) Moulsecoomb (1.51 miles) London Road (Brighton) (2.30 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.

£103,125
Shared Ownership New Build
Estimated Monthly Cost:£1,362
Rent £709
Service Charge £121
Mortgage £532

Share percentage 25%, full price £412,500, £10,313 Min Deposit. Calculated using a representative rate of 4.80%


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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.