2 bedroom apartment for sale

Available

Coldean Lane, BN1 9GR

£92,500 · Shared Ownership New Build

Share percentage 25%, full price £370,000, £9,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Pets allowed
Parking
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Floor plan
floor-plan
Floor plan
floor-plan
£92,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £370,000, £9,250 Min Deposit.

Monthly Cost: £1,224
Rent £636, Service charge £121, Mortgage £467*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

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

Available to move into, this two-bedroom third-floor apartment in The Oak is perfect for first-time buyers.

Description

Available to move into, this two-bedroom third-floor apartment in The Oak is perfect for first-time buyers.

Prices start from £92,500 for a 25% share, based on a full market value of £370,000 for a two-bedroom apartment.

Your estimated monthly outgoings*:
Monthly rent: £635.94
Monthly service charge: £121.30
10% deposit: £9,250


Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.

Immerse yourself in the modern, open layout of this 2-bedroom apartment. Experience the seamless blend of living and dining areas, featuring a chic pearl grey gloss kitchen with integrated appliances, quality vinyl flooring throughout, and ambient downlighting.

Discover comfort in the double bedrooms, with your own private en-suite or treat yourself to the modern bathroom, featuring medium grey porcelain tiles, a white suite with a bath, and an overhead fixture with a 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 private balcony to the living room.

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 spaces.

Your new surroundings

Well positioned for shops, schools and local parks

Direct access to Stanmer Park Nature Reserve

Ease of access to public transport into Brighton and beyond

Good selection of primary and secondary schools rated 'Ofsted Good'

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

Balcony with far reaching views

Open plan living/dining/kitchen area

Allocated parking

Travel incentives

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 Brochure
Map
Falmer (1.02 miles) Moulsecoomb (1.52 miles) London Road (Brighton) (2.30 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.

£92,500
Shared Ownership New Build
Estimated Monthly Cost:£1,224
Rent £636
Service Charge £121
Mortgage £467

Share percentage 25%, full price £370,000, £9,250 Min Deposit. Calculated using a representative rate of 4.59%


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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.