A new pathway home with Share to Buy
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2 bedroom house for sale

Available

11 Hylands Grove, Lower Willingdon, BN22 0DR

£155,000 · Shared Ownership New Build

Share percentage 50%, full price £310,000, £7,750 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£155,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £310,000, £7,750 Min Deposit

Monthly Cost: £1,267
Rent £355, Service charge £70, Mortgage £842*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom semi-detached house in the Meadowboure Place development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 2 bedroom semi-detached house in the Meadowboure Place development. The price advertised represents purchasing a 50% share of the home.

Start building your future ~ the affordable way ~ with Shared Ownership

About the Home

This semi-detached home has been finished to a high standard throughout and offers modern and stylish living. The ground floor compromises of a separate and spacious lounge, an open plan kitchen and dining room as well as a WC and storage space. The first floor presents all bedrooms and the three piece bathroom with shower over bath.

About Shared Ownership

Shared Ownership enables you to buy a share of a home with a mortgage and pay rent on the remaining share. There will be a lease for the portion of the home you don’t purchase, with Sage Homes.

Initially you can buy a minimum 25% share of a home (the maximum you can buy initially is 75%). You can buy more shares or take your ownership to 100% at a later date; this is known as staircasing.

See our Shared Ownership Guide for more information, eligibility & next steps.

About the Development

Meadowbourne Place is a brand new development presenting a selection of two and three bedroom semi-detached houses. This prime development is located in the highly sought-after village of Lower Willingdon in the idyllic area of East Sussex. Here you can combine the outdoors with home life as the beach is a stones throw away and the local Eastbourne offers a selection of great local amenities to suit everyone.

About the Area

Lower Willingdon is located a 10 minutes drive from Eastbourne where you can enjoy a selection of well known high street retail outlets as well as eateries. The stunning beach and sea views make for a lovely coastal walk and the Pier has a selection of fun activities for all.

Polegate station is a seven minute drive from the development which offers direct travel to London Victoria in less than an hour and twenty five minutes. Furthermore there is a primary school less than 2 miles away.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. 2 bedroom semi-detached house
  2. Flooring throughout
  3. Storge space
  4. Modern fitted kitchen
  5. Allocated parking
  6. Private garden
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Polegate (0.96 miles) Hampden Park (1.13 miles) Pevensey & Westham (2.72 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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

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.

£155,000
Shared Ownership New Build
Estimated Monthly Cost:£1,267
Rent £355
Service Charge £70
Mortgage £842

Share percentage 50%, full price £310,000, £7,750 Min Deposit. Calculated using a representative rate of 4.78%


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.