2 bedroom apartment for sale
Grand Avenue, BN3 2LS
Share percentage 25%, full price £495,000, £6,188 Min Deposit.
Share percentage 25%, full price £495,000, £6,188 Min Deposit.
Monthly Cost: £1,681
Rent £851,
Service charge £141,
Mortgage £689*
Calculated using a representative rate of 5.03%
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
Legal and mortgage advisor fees paid when you secure your new home before Christmas!*
A beautiful two-bedroom ground floor apartment at Grand Avenue, BN3. This is luxury shared ownership living with a premium specification throughout and stylish interiors. The apartment benefits from built-in wardrobes, a spacious patio and the development is only a few minutes’ walk to the beach. Ready to move in now!
About Grand Avenue
Grand Avenue is an award-winning development in Hove that has been designed to create a welcoming community and provides a relaxed seaside feel. Built to the highest quality standards, the apartments offer energy-efficient interiors such as underfloor heating, cycle storage and balcony / terrace with a city or sea view. The development benefits from a premium specification throughout, stylish kitchen featuring Bosch and Hoover integrated appliances and built-in wardrobe to master bedroom and features a landscaped courtyard.
Local Amenities in Hove
Hove has independent boutiques and irresistibly inviting cafés, just waiting to be explored. Evenings out offer a certain refinement that's hard to beat, with a choice of restaurants offering a tantalisingly diverse range of cuisine and refreshments. The relaxed nature of this neighbourhood carries on to the beaches, which are quieter due to a location that is more detached from the city's tourist centre. Having said this, Hove station keeps the area excellently connected to the capital and the rest of the country. The result is a welcoming, family-friendly area that provides a perfect retreat from the Brighton buzz, without losing its appeal.
Register your interest to find out more and book your viewing
*You are free to use any solicitor or mortgage broker you wish. If you use Southern Housing’s panel solicitor (Shared Direction) and panel mortgage broker (Censeo Financial), we will pay them for their services upon completion of your contracts. An initial fee of £385 will need to paid by yourself in order for Shared Direction to act on your behalf, if you fail to proceed with your sale, £385 will be non-refundable. If you proceed to completion, the £385 will be deducted from your completion statement. The incentive is only payable if you exchange contracts within 30 days of your memorandum of sale being issued. If you decide to use a non-panel solicitor and mortgage broker, incentive will be paid up to the value of £2,500 and will be deducted from your completion statement upon completion. This is subject to you exchanging contracts within 30 days of your memorandum of sale being issued. All incentives are paid subject to you meeting any other terms and conditions associated with your sale and your memorandum of sale must be issued by the 20th of December 2024.Not in conjunction with any other offers.
Key Features
- Premium specification
- Bosch and Hoover appliances
- Private balcony or terrace
- Outdoor green space
- A few minutes' walk to the beach
- Close to several local amenities
- Good transport links to London and Brighton
- Ready to move in now
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 £495,000, £6,188 Min Deposit. Calculated using a representative rate of 5.03%
