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2 bedroom apartment for sale

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FLAT 57 Wellend Villas, Springfield Road, BN1 6BT

£120,000 · Shared Ownership Resale

Share percentage 40%, full price £300,000, £6,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£120,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £300,000, £6,000 Min Deposit

Monthly Cost: £1,462
Rent £688, Service charge £122, Mortgage £652*

Calculated using a representative rate of 4.78%

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

A stylish two-bedroom apartment situated in a desirable residential area with excellent access to Brighton’s amenities and transport links

Description

Wellend Villas, is a well-presented two-bedroom apartment located on the first floor of a modern, purpose-built development in Springfield Road, Brighton. Constructed around 2007, the apartment is part of a storey block with lift access and comprises approximately of internal space 78 sq meter.

The accommodation includes a spacious entrance hall leading to a large open-plan reception room and a modern fitted kitchen. Two generously sized double bedrooms and a contemporary bathroom complete the internal layout. The property feature a balcony, a rooftop space and providing ample outdoor space for relaxation or entertaining. The property comes with one allocated parking space.

Full Market Value: £300,000

Share Available: 40% (£120,000)

Monthly Rent: £687.50

Service Charge: £122.48

Lease Remaining: 106 years (from 25 July 2006)

Tenure: Leasehold

Council Tax Band: C

EPC Rating: C

Floor Area: 78 sqm

Located in the popular Preston Park area, this home is just a short walk from local cafes, restaurants, gyms, and green spaces like Preston Park itself. The area is well-connected with London Road and Brighton stations nearby, offering direct services to London. Residents also enjoy access to a communal rooftop garden and secure bike storage.

Key Features

Two-bedroom first-floor flat in a purpose-built block

Open-plan reception/kitchen with private balcony

Modern bathroom

Allocated parking space

Excellent transport links

Particulars

Tenure: Leasehold
Lease Length: 106 years
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
London Road (Brighton) (0.25 miles) Brighton (0.45 miles) Preston Park (0.88 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

Parking: Yes - Allocated

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2007

Unit size: 78 sq m

Communal lift: Yes

Accessible measures: Enquire with provider

Flooded within the last 5 years: No

Listed property: No

Heating: Central, Double Glazing

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

Broadband: ADSL (Copper wire)

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.

£120,000
Shared Ownership Resale
Estimated Monthly Cost:£1,462
Rent £688
Service Charge £122
Mortgage £652

Share percentage 40%, full price £300,000, £6,000 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.