2 bedroom apartment for sale
Grand Avenue, BN3 2LS
Share percentage 25%, full price £545,000, £6,813 Min Deposit.
Share percentage 25%, full price £545,000, £6,813 Min Deposit.
Monthly Cost: £1,853
Rent £937,
Service charge £140,
Mortgage £776*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
If you're interested in buying an apartment through Shared Ownership at Grand Avenue, you'll need to meet the following criteria based on your situation:
- Have a yearly household income of under £80,000
- Be unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase.
Summary
2 bed seafront apartments - ready to move into!
Description
Reduced rents available on selected apartments (T&Cs apply)*
Grand Avenue - an award-winning development on Hove's seafront with 2 bedroom apartments ready to move in and available with shared ownership.
Best Show Home winner - First Time Buyer Reader's Award 2023
Best Shared Ownership development winner - Evening Standard New Homes Awards 2023
About Grand Avenue
Situated on Hove's seafront, only a 2 minute walk away from the beach, Grand Avenue has been designed to create a welcoming community and has a relaxed seaside feel. Built to the highest quality standards, the apartments offer energy-efficient interiors and balcony or a terrace to every home. The development features landscaped grounds and a private residents' courtyard for you to enjoy. Homes benefit from clean and airy designs, high specification throughout and Bosch and Hoover integrated appliances.
Shared Ownership
Did you know the key benefits of Shared Ownership?
Low deposit - you only pay from 5% of the share you are buying.
Flexibility - you choose when you want to purchase extra shares.
Accessibility - with Shared Ownership you can get on the property ladder quicker and it helps you get the mortgage even with a lower income
Register your interest and book your viewing
*Southern Housing terms and conditions apply. *Shared Ownership - Terms and Conditions apply. *To qualify for an incentive, Memorandum of Sale must be issued by 21st July 2024, and the completion must take place prior to 21st August 2024.Offer is subject to availability and Southern Housing has the right to amend or withdraw this offer at any time without prior notice. This offer cannot be exchanged for cash nor used in conjunction with another offer. Speak to the Sales Team for more details on terms and conditions.
Key Features
- Cycle stores
- Balcony or terrace with every home
- 2 min walk from the beach*
- Integrated Appliances
- Stunning Designs
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Brochure Price ListVirtual Tour
Video Tour
Map
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 25%, full price £545,000, £6,813 Min Deposit. Calculated using a representative rate of 5.26%
