1 bedroom apartment for sale
Reeds Lane, BN6 9LS
Share percentage 70%, full price £240,000, £16,800 Min Deposit.
Share percentage 70%, full price £240,000, £16,800 Min Deposit
Monthly Cost: £801
Mortgage £801*
Calculated using a representative rate of 4.04%
Calculate estimated monthly costs
Purchasers must live, work or have close family in the Mid Sussex Council area and be unable to afford the full market value.
Please contact Landspeed for an application form.
Summary
One bedroom first floor maisonette with carport and garden
Description
A one bedroom maisonette, with private entrance, carport parking and garden.
Located in the village of Sayers Common with easy access to the M23.
The Landspeed Shared Purchase Scheme offers properties at 70% of the full market value with no rent or interest to pay on the remaining 30%. The 30% is retained by Landspeed by means of a second charge.
Key Features
- Integrated kitchen appliances including oven, hob, extractor hood and fridge freezer
- Flooring throughout
- Parking
- Village location
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms: 3
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Enquire with provider
Fridge/Freezer: Yes
Parking: Yes - Covered
Outside Space/Garden: Yes - Communal Garden
Year property was built: 2025
Unit size: 547
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Air Source Heat Pump
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 70%, full price £240,000, £16,800 Min Deposit. Calculated using a representative rate of 4.04%
Landspeed Homes Ltd
