Available

£90,000

Cedar Avenue, RH16 4UQ
Share 40% / Full price £225,000 / Min deposit £4,500

House
1 bedroom
1 bathroom

Weald Living
01403 226060
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Summary

One bedroom Coach House for Shared Ownership Resale

Eligibility

Shared ownership

Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.

Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.

Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.


Am I eligible?

Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.

Local connection to Haywards Heath applies.

Remember you will also have to pay household bills including council tax, gas, electricity and water.

Description

This good sized one-bedroom, coach house is now available for Shared Ownership purchase for a 40% share at £90,000. Located a short distance from Haywards Heath this property come with a garage/ car port and a private garden and is ideal for a first home. A local connection to Haywards Heath applies for any prospective buyers.

Purchase breakdown

Shared ownership - minimum share of 40% at £90,000
Monthly rent of £351.27
Monthly service charge of £58.36
(within this financial year (ending 31 March 2026) - subject to final confirmation)

Council Tax Band - B

EPC - C

Local connection to Haywards Heath applies.

Please note, all suitable applicants will have to meet the local authority's (Mid Sussex) nominations approval as this development has a live and work connection.

Description

Property information & downloads

Key features

Material information

Key Information Document Brochure Energy Certificate
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Weald Living
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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Monthly cost calculator
£90,000 Shared Ownership Resale Full price £225,000
Estimated monthly cost £898
£

How is this calculated?

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