Share Price £77,500 (from 25% Min. Share)

Full Value £310,000 | £3,875 Min. Deposit

Scheme: Shared Ownership

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Preston Road - 1 bed apartment in Brighton - City of Brighton and Hove

place Preston Road, BN1 6SE

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Brand New One Bedroom Shared Ownership apartment


Eligibility

Eligibility criteria


To be eligible for a Shared Ownership home at Preston Road, you will need to:

  • Have a gross household income of no more than £80,000 per annum.
  • Have a minimum household income of £46,000 per annum.
  • Be unable to purchase a suitable home to meet your housing needs on the open market.
  • Not already own a home or you will have sold your current home before you purchase
  • Be registered with their local Help to Buy agent.

Description

Final apartment at this incredible development!

Spectacular 1 bedroom apartment on the ground floor of an unique Victorian Villa! Large bay windows, spacious rooms with wooden flooring, contemporary white kitchen with integrated appliances, comfy bedroom with built in wardrobe, set in a gated grounds with beautiful landscaping and individual parking space.

Viewings are available with our selling agent Site Sales, book your appointment and view this fantastic home!

About Preston Road

A collection of 1 and 2 bedroom apartments, the new homes at Preston Road will form part of the restoration of two Victorian Villas, built on the site in 1870.

Designed by leading architects Yelo, Preston Road offers the highest quality of design and build for first time buyers, retaining many of the original period features. Large sash windows, the majestic staircase and ornate balustrades have been carefully treated by an expert restoration team.

Apartmentinteriors have been exquisitelydesigned into contemporary homes with open plan living spaces, andspacious kitchens which give each property a spectacular look and finish.

The stylish, high-tech kitchens feature contemporary handle-less units with under unit LED lighting.

The bright, square edge, laminate worktops give the space a sleek, minimalist feel.

Top-name appliances are fitted into the high-quality kitchens and include a Bosch integrated fridge/freezer and dishwasher, electric oven and ceramic hob with touch controls.

Location

Preston road sits in a perfect spot between, with the beach only 2 miles away. This is the perfect place to enjoy a sunny Sunday afternoon, or watch the sun go down after a hard day at work.

These new and contemporary homes will be celebrating their history and decorative features, and wherever possible they will retain many of the existing room proportions and original features.

This is a part of Brighton full of open spaces and the jewel in the crown is Preston Park, the biggest green area in the city and only 500m down the road from 251 Preston Road. The parklands are perfect for a summer’s stroll while sports lovers will appreciate the football pitches, tennis courts, cricket ground, basketball facilities and velodrome. There’s a celebrated rockery, filled with a diverse collection of flora and fauna, together with walled and rose gardens. For youngsters there is a choice of two playgrounds, as well as two cafés for the grown-ups to relax.

Brighton is a place beside the seaside that’s within an easy commute of London. From your front door in Preston Road it’s a three-minute walk to Preston Park station with regular services to London Victoria and Gatwick Airport. The main London road is even closer.

Living at Preston Road you will have local shops, schools and open parkland, together with a whole range of sports facilities within a few minutes’ walk. The town centre is notmuch further. There is a bus stop directly in front of 251 Preston Road with regular services in and out of Brighton along with many local cycle routes to ensure you will always feel well connected.

Please note

*The images displayed are computer generated and intended for illustrative purposes only and should be treated as general guidance only.

Off-plan applications, please note that access for a viewing at this stage is unavailable, all online applications are entirely off-plan. You may not have the opportunity to view your chosen property until completion of sale.

In accordance with Consumer Protection from Unfair Trading Regulations 2008, these details and images have been prepared with due care, however the information contained therein is intended as a preliminary guide only. Any images displayed are taken from similar Southern Housing properties and are intended as a guide only.


Key Features

Specification

  • Internal walls and woodwork painted white
  • Fitted warderobe with sliding mirrors to bedroom 1
  • Bosch freestanding washer/dryer to hall cupboard
  • Wood effect luxury vinyl flooring to hall, kitchen, lounge/dining room
  • Wool twist carpet to bedrooms
  • Parking space
  • Communal post boxes
  • Cycle Store
  • Video Entry System

KITCHEN

  • Contemporary handle-less kitchen with under unit LED lighting
  • Bosch appliances
  • Integrated waste bins
  • Square edge laminate worktop with matching upstand

BATHROOM AND EN-SUITE

  • Contemporary white sanitaryware with basin and toilet
  • Large mirror above basin
  • Thermostatic shower valve with fixed rainshower head and separate hand held shower

Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 77,500
Min. £77,500
Share percentage
Min. 25%
Your deposit
Min. £3,875
Monthly cost*
£1,153
Cost breakdown
£533
Rent
£234
Service charge
£386
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.