2 bedroom house for sale

Available

5, Gates Close, BN6 8GJ

£208,750 · Shared Ownership New Build

Share percentage 50%, full price £417,500, £10,438 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£208,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £417,500, £10,438 Min Deposit.

Monthly Cost: £1,723
Rent £478, Service charge £55, Mortgage £1,190*

Calculated using a representative rate of 5.26%

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

A 2 bedroom home with garden and parking in a sought after location

Description

A 2 bedroom home with garden and parking in a sought after location

Hassocks village is a modest walk away with of amenities, schools and Hassocks train station, as well as the beautiful countryside of the South Downs close by.

There are good transport links by road and whether you are going up to London or south to Brighton, the train links are excellent.

Key Features
  1. Brand new 2 bedroom home
  2. Rear garden
  3. Parking
  4. Flooring throughout
  5. Energy efficient home
  6. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Hassocks (0.80 miles) Burgess Hill (1.57 miles) Wivelsfield (2.35 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.

Read More Read Less
  • 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.

£208,750
Shared Ownership New Build
Estimated Monthly Cost:£1,723
Rent £478
Service Charge £55
Mortgage £1,190

Share percentage 50%, full price £417,500, £10,438 Min Deposit. Calculated using a representative rate of 5.26%


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.