Share percentage 25%, full price £415,000, £10,375 Min Deposit.
Monthly Cost: £1,369
Rent £713,
Service charge £121,
Mortgage £535*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are 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 or rent.
Summary
Fourth floor 3 bedroom shared ownership apartment with parking
Description
3 bedroom shared ownership apartment in The Oak Collection
Prices start from £103,750 for a 25% share, based on a full market value of £415,000 for a three-bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £713.28
Monthly service charge: £121.30
Total outgoings**: £1336.258
Minimum household income: £47,000
10% deposit: £10,375
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Available to reserve and move into now, this fourth-floor three-bedroom apartment in The Oak is perfect for young families.
Step through the front door and immerse yourself in the modern, open layout of this fourth-floor 3-bedroom apartment. Experience the seamless blend of living and dining areas, featuring a stylish white gloss kitchen with integrated appliances, vinyl flooring throughout, and ambient downlighting.
Discover comfort in the double bedroom with your own private en-suite, equipped with a shower with an overhead fixture or treat yourself to the modern family bathroom, featuring light grey porcelain tiles, a white suite with a bath and an overhead fixture with glass screen.
Enhance the experience with a generously sized boutique-style mirror that adds a touch of luxury.
And to add convenience, there is plenty of storage and a balcony to the living room overlooking the South Downs.
Situated in a development surrounded by green spaces, this apartment offers a tranquil and refreshing environment, with direct access to Stanmer Park and your own allocated car parking space.
Key features
Open-plan living/dining/kitchen area
Balcony overlooking the South Downs
Allocated parking
Travel incentives
The Hyde Difference
High modern specification as standard
Contemporary kitchens with integrated appliances at no extra cost
Quality flooring throughout
Experienced in-house sales team
Over 90% customer satisfaction for 11 consecutive years
Key Features
Fourth-floor, 3-bedroom apartment
Balcony overlooking the South Downs
Allocated parking
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
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 £415,000, £10,375 Min Deposit. Calculated using a representative rate of 4.80%
