1 bedroom apartment for sale
Coldean Lane, BN1 9GR
Share percentage 30%, full price £267,500, £8,025 Min Deposit.
Share percentage 30%, full price £267,500, £8,025 Min Deposit.
Monthly Cost: £952
Rent £429,
Service charge £109,
Mortgage £414*
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 £80,250 for a 30% share, based on a full market value of £267,500 for a one-bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £429.11
Monthly service charge: £109.39
Total outgoings**: £926.50
Minimum household income: £32,000
10% deposit: £8,025
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 contemporary, open design of this first-floor 1-bedroom apartment. Enjoy the seamless fusion of open-plan living and dining spaces, showcasing a chic white gloss kitchen with integrated appliances, plank-laminate flooring, and subtle ambient downlighting. Find comfort in the well-appointed double bedroom and indulge in the modern bathroom, adorned with light grey porcelain tiles, a white suite featuring a bath and an overhead fixture with a glass screen. Elevate the experience with the inclusion of a generously sized boutique-style mirror, adding a touch of luxury to the space. Situated in a development surrounded by green spaces, this apartment offers a tranquil and refreshing environment.
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
- Well positioned for shops, schools and local parks
- Direct access to Stanmer Park Nature Reserve
- Ease of access to public transport into Brighton and beyond
- Good selection of primary and secondary schools rated 'Ofsted Good'
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 £267,500, £8,025 Min Deposit. Calculated using a representative rate of 4.80%
