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3 bedroom house for sale

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Skylark Drive, Hailsham, BN27 1GT

£126,000 · Shared Ownership Resale

Share percentage 30%, full price £420,000, £12,600 Min Deposit.

Available
3 bedrooms
3 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£126,000 Shared Ownership Resale

Share percentage 30%, full price £420,000, £12,600 Min Deposit

Monthly Cost: £1,476
Rent £795, Service charge £56, Mortgage £625*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

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Summary

A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A great chance to buy a spacious, shared-ownership family home. This recently-constructed, double-fronted property has a cloakroom just off the entrance hall, a twenty-foot, dual-aspect reception room and a large kitchen/dining room with breakfast bar, handle-less units and integrated appliances. Upstairs, two of the bedrooms also benefit from windows on two sides and all three are good-sized doubles with fitted/built-in storage. There is an attractive, naturally-lit bathroom plus an en-suite shower room. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. To the side of the house is a garden, with patio and lawn, and the rear gate allows easy access to the two parking spaces. Hailsham town centre is only a few minutes drive away and can also be reached via brief bus or bike ride. Ofsted list four primary schools within a mile radius of Skylark Drive, all rated 'Good'.

SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £420,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/bddtayum]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (250 years from 01/07/2021). Freehold transferred on 100% ownership.
Minimum Share: 30% (£126,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £794.54 per month (subject to annual review).
Service Charge: £56.32 per month (subject to annual review).
Guideline Minimum Income: Dual - £50,600 | Single - £58,000 (based on minimum share and 10% deposit).
Council Tax: Band E, Wealden District Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Key Features
  • Guideline Minimum Deposit £12,600
  • Guide Min Income Dual £50.6k | Single £58k
  • Two Storey, Three Bedroom, Detached House
  • Approx. 1325 Sqft Gross Internal Area
  • Bathroom, Shower Room and Downstairs W.C.
  • Very Good Energy Efficiency Rating
  • Garden plus Balcony and Side Lawn
  • Two Parking Spaces (+Shared Visitor Spaces)
Particulars

Tenure: Leasehold
Lease Length: 246 years
Council Tax Band: E

Property Downloads
Key Information Document Floor Plan Brochure
Map
Polegate (3.91 miles) Pevensey & Westham (4.87 miles) Berwick (Sussex) (5.16 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - Private Garden

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.

£126,000
Shared Ownership Resale
Estimated Monthly Cost:£1,476
Rent £795
Service Charge £56
Mortgage £625

Share percentage 30%, full price £420,000, £12,600 Min Deposit. Calculated using a representative rate of 4.42%


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.