A new pathway home with Share to Buy
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2 bedroom house for sale

Available

7 Swift Close, Netherfield, TN33 9FS

£164,998 · Shared Ownership New Build

Share percentage 50%, full price £329,995, £8,250 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£164,998 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £329,995, £8,250 Min Deposit.

Monthly Cost: £1,360
Rent £378, Service charge £63, Mortgage £919*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2-bedroom end terraced house at the Normandy Rise Development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 2-bedroom end terraced house at the Normandy Rise Development. The price advertised represents purchasing a 50% share of the home.

About the Development

Located in the quaint village of Netherfield, Normandy Rise is a brand new development which will be offering a selection of 2, 3 & 4 bedroom homes. Situated only 10 miles from the coastal town of Hastings and being surrounded by both the south downs countryside and unspoilt scenery, these homes are the perfect place to call home.

About the Area

Netherfield offers a café, post office, local primary school as well as some eateries. Battle, located around an 8 minute drive away has even more to offer with a selection of retail outlets, supermarkets, Battle Abbey and much more.

Royal Tunbridge Wells is around 35 minutes away from Normandy Rise by car and has an even wider range of amenities as well as a train station that services the Hastings and London Charing Cross routes. It can have you at London Bridge in as little as 50 minutes.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. 2 bedroom end terraced house
  2. Flooring throughout
  3. Storage space
  4. Turfed garden
  5. Zanussi appliances
  6. Allocated parking
  7. Premier warranty
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Robertsbridge (3.20 miles) Battle (3.44 miles) Etchingham (4.59 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£164,998
Shared Ownership New Build
Estimated Monthly Cost:£1,360
Rent £378
Service Charge £63
Mortgage £919

Share percentage 50%, full price £329,995, £8,250 Min Deposit. Calculated using a representative rate of 5.03%


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.