1 bedroom apartment for sale

Available

Sussex Gate, Sussex Road, Haywards Heath, RH16 4NS

£100,000 · Shared Ownership Resale

Share percentage 50%, full price £200,000, £10,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£100,000 Shared Ownership Resale

Share percentage 50%, full price £200,000, £10,000 Min Deposit.

Monthly Cost: £838
Rent £219, Service charge £112, Mortgage £507*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership Basis

Description

A smartly-presented flat on the second floor which is the top floor in that part of the building. Internal features include a twenty-six-foot, open-plan kitchen/reception room, a spacious bedroom, a good-sized bathroom with skylight and a pair of hallway storage/utility cupboards. Well insulated walls and roof, modern double glazing and gas central heating make for a good energy-efficiency rating. Sussex Gate is close to the centre of the town and The Orchards Shopping Centre plus a range of other stores can be found nearby. Victoria Park offers pleasant, green, open space to enjoy and Haywards Heath Railway Station, which provides services to a number of destinations including Brighton, Littlehampton, Eastbourne, Gatwick Airport and various central London stations, is within comfortable walking distance or short bus/cycle ride.


SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £200,000).


INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/3ewzss4p]


(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)


Housing Association: Clarion.
Tenure: Leasehold (125 years less 3 days from 19/11/2007).
Minimum Share: 50% (£100,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £219.22 per month (subject to annual review).
Service Charge: £111.83 per month (subject to annual review).
Ground Rent: £200.00 for the year.
Guideline Minimum Income: Dual - £24,300 | Single - £30,100 (based on minimum share and 10% deposit).
Council Tax: Band B, Mid Sussex District Council. Priority is given to applicants living and/or working in this local authority.


This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property however the vendor informs us that there is parking nearby.

Key Features
  • Guideline Minimum Deposit £10,000
  • Guide Min Income Dual £24.3k | Single £30.1k
  • Second Floor (building has a lift)
  • Approx. 535 Sqft Gross Internal Area
  • Open Plan Kitchen/Reception Room
  • Modern Double Glazing and Gas Central Heating
  • Close to Shopping Centre and Other Amenities
  • Haywards Heath Station Within Easy Reach
Particulars

Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Brochure
Map
Haywards Heath (0.80 miles) Wivelsfield (2.33 miles) Burgess Hill (3.11 miles)
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.

£100,000
Shared Ownership Resale
Estimated Monthly Cost:£838
Rent £219
Service Charge £112
Mortgage £507

Share percentage 50%, full price £200,000, £10,000 Min Deposit. Calculated using a representative rate of 4.64%


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.