Available

£120,000

8 Meadowsweet Drive, Lindfield, RH16 2DY
Share 40% / Full price £300,000 / Min deposit £12,000

House
2 bedrooms
1 bathroom

Weald Living
01403 226060
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Summary

Two bedroom coach house

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.

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

Description

A two bedroom coach house is now available to purchase on a shared ownership resale basis on the Heathwood Park development situated in Lindfield near Haywards Heath. Located in a quiet cul-de-sac this property benefits from a garage and is close to the train station. This property is within walking distance of several primary schools and Oathall Community College.

Monthly charges apply. Within the current financial year from 1 April 2025 to 31 March 2026; these consist of the following (subject to final confirmation):

Shared Ownership minimum share of 40% £120,000

Monthly Rent: £485.88

Monthly service charges: £83.26

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
£120,000 Shared Ownership Resale Full price £300,000
Estimated monthly cost £1,164
£

How is this calculated?

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