2 bedroom apartment for sale
Flat 4 Downlands Court, Roundhay Avenue, BN10 8TG
Share percentage 75%, full price £226,667, £17,000 Min Deposit.
Share percentage 75%, full price £226,667, £17,000 Min Deposit
Monthly Cost: £227,525
Service charge £226,667,
Mortgage £858*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Shared-equity means you buy a 75% share of the property while Saxon Weald retain ownership of the remainder. There is no rent to pay on the 25% share owned by Saxon Weald.
To apply, please complete the following steps:
Applicants must complete an expression of interest form and arrange to view the property, this can be found in the downloads tab.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.
Summary
A two-bedroom ground floor resale apartment for the over 60s, available for a 75% purchase share
Description
Full description
A two-bedroom ground floor resale apartment for the over 60s, available for a 75% purchase share. With far reaching views from the west facing lounge the property is located near to local shop and bus services to Brighton/Hove and Eastbourne. There is an onsite resident's lounge, communal launderette, guest suite for hire, restaurant and scooter store. There's also a hair salon (pay per cut), massage therapy (pay per treatment) and communal gardens available for residents to use too Apartments at Downlands Court are comfortable and well thought out. Each property is fitted with easy-grip lever taps, and sockets and switches positioned at a suitable height to assist mobility. Bathrooms feature level access showers with folding seat, non-slip flooring and handrails.
Service charges
There is a monthly charge of £638.38 (subject to final confirmation) which includes the buildings insurance, hot water and heating costs for the year 1 April 2025 to 31 March 2026.
Council Tax Band - C
EPC - C
Apartment features
Fitted kitchen with built-in oven, hob and extractor
Double-glazing
Juliette balcony in the living area
Underfloor Heating
Telephone points
Scheme facilities
The communal areas, lounge and restaurant are both beautifully presented and comfortable. The scheme also features a secure and attractive courtyard garden that both residents and their visitors can enjoy. Other facilities onsite include:
24-hour professional care team on-site
Emergency alarm system
Wheelchair access
Door entry security phone
Ensuite guest room available for visitors
Assisted bathing facilities
Two lifts
Off-road parking
Electric wheelchair charging facilities
Computer area
Laundry room
Hairdressing room
Key Features
- Two-bedroom ground floor apartment
- Very good condition
- Juliette Balcony
- West facing lounge/ dining room
- Jack and Jill Style Bathroom
- Underfloor Heating
- 24-hour professional care team on-site
- Communal courtyard garden
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Brochure Brochure Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Communal
Outside Space/Garden: Yes
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 75%, full price £226,667, £17,000 Min Deposit. Calculated using a representative rate of 4.59%