Available

£68,750

The Gateway | Wrestwood Road, TN40 2LU
Share 25% / Full price £275,000 / Min deposit £3,438

Apartment
2 bedrooms
1 bathroom

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Description

SHARED OWNERSHIP Two Bedroom apartment available to purchase from a 25% share at £68,750 with a deposit of £3,438. Maximum amount to purchase initially is 75%. Full market value £275,000. A great opportunity to get onto the property ladder and live in this contemporary, spacious two bedroom home.

Introducing a fantastic opportunity to own a stylish two-bedroom apartment in the charming, historic seaside town of Bexhill-On-Sea via shared ownership. Perfect for first-time buyers or those seeking a coastal retreat with modern amenities, these apartments offer a blend of comfort, convenience, and contemporary living.

Key Features

Spacious Hallway: A welcoming entrance that sets the tone for the apartment’s stylish design, complete with two handy storage cupboards.

Two Generous Bedrooms: Both rooms are well-sized, offering plenty of natural light and space for relaxation.

Modern Bathroom: A contemporary bathroom with sleek finishes, designed with practicality and style in mind.

Open Plan Kitchen, Living, and Dining Area: The heart of the apartment, this spacious, airy space is perfect for entertaining guests or enjoying a quiet evening in. Whether you're hosting family and friends or curling up with a good book, this area provides a versatile and inviting setting.

Location

Bexhill-On-Sea Town Centre: Just a short distance away, where you can enjoy a variety of high street shops, cafés, restaurants, and bars. Whether you’re looking for a leisurely day of shopping or a night out, the town has everything you need.

Mainline Railway Station: Excellent transport links to Hastings, Eastbourne, Lewes, Brighton, Tunbridge Wells, Gatwick, and London—making this the perfect residence for commuters.

Seafront & Leisure: Enjoy the vibrant Bexhill seafront with its beach, pavilion, and theatre, offering activities for all ages.

Ravenside Retail Park: Just a stone’s throw away, ideal for those who enjoy shopping and leisure activities.

New Bypass: Easy access to Eastbourne, Hastings, and the A21, providing straightforward road links to Tunbridge Wells and beyond.

With its prime location and modern living spaces, these two-bedroom apartments are ideal for anyone looking to make Bexhill-On-Sea their home. Don’t miss out on this exciting opportunity to get on the property ladder through shared ownership in one of the most desirable coastal towns in Sussex.

Financial Breakdown:

Full market value: £275,000
25% share value: £68,750
5% deposit: £3,438
Rent charged on unowned share: 2.75%
Rent on unowned share (75%): £473 per month
Estimated Service Charge: £167 per month

If you can’t afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share.

Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Note: Photos, Plans & Elevations are representative of a similar property but not the one which the buyer may be purchasing. Any service charge figures stated are to be used as an Estimate.

Description

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Countrywide Land & New Homes - Kent & Sussex
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.
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£68,750 Shared Ownership New Build Full price £275,000
Estimated monthly cost £1,013
£

How is this calculated?

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