2 bedroom apartment for sale
Coldean Lane, BN1 9GR
Share percentage 25%, full price £370,000, £9,250 Min Deposit.
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
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 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 £370,000, £9,250 Min Deposit. Calculated using a representative rate of 4.59%