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£77,500
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
An attractively-presented apartment on the first floor of this recently-constructed development just moments from the beach. The property has a twenty-two-foot reception room with wood flooring and open-plan kitchen area featuring stylish handle-less units and integrated appliances. A door leads out onto an east-facing balcony. There is a generously-sized bedroom, a high-spec, fully-tiled bathroom and a pair of storage/utility cupboards in the entrance hallway. Well insulated walls and floor, high performance glazing and underfloor heating fed from a communal hot water system make for a very good energy-efficiency rating. A Co-op convenience store occupies the ground-floor retail unit, King Alfred Leisure Centre is opposite, nearby Church Road offers a fine selection of other shops and Hove Railway Station is within comfortable walking distance. The apartment comes with use of a communal cycle store.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £310,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/2kdjum3n]
(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 (125 years from 01/03/2020).
Minimum Share: 25% (£77,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £672.70 per month (subject to annual review).
Service Charge: £194.16 per month (subject to annual review).
Guideline Minimum Income: Dual - £40,000 | Single - £46,300 (based on minimum share and 10% deposit).
Council Tax: Band B, Brighton & Hove City 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. Pets not permitted (except assistance animals). There is no parking space offered with this property.
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