2 bedroom apartment for sale
Coldean Lane, BN1 9GR
Share percentage 30%, full price £362,500, £10,875 Min Deposit.
Share percentage 30%, full price £362,500, £10,875 Min Deposit.
Monthly Cost: £1,272
Rent £582,
Service charge £129,
Mortgage £561*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
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 £108,750 for a 30% share, based on a full market value of £370,000 for a two bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £581.51
Monthly service charge: £129.42
Total outgoings**: £1,237.93
Minimum household income: £43,000
10% deposit: £10,875
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Immerse yourself in the modern, open layout of this third-floor 2-bedroom apartment. Experience the seamless blend of living and dining areas, featuring a stylish pearl grey gloss kitchen with integrated appliances, plank-laminate flooring, and ambient downlighting. Discover comfort in the double bedroom and treat yourself to the modern bathroom, featuring medium grey porcelain tiles, a white suite with a bath, and an overhead fixture with a 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 overlooking the South Downs 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 BrochureMap
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 30%, full price £362,500, £10,875 Min Deposit. Calculated using a representative rate of 4.80%
