Studio apartment for sale

Available

Flat 36, 12 The Furlong, BN2 4FY

£130,000 · Shared Ownership Resale

Share percentage 50%, full price £260,000, £6,500 Min Deposit.

Available
Studio
1 Bathroom
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£130,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £260,000, £6,500 Min Deposit.

Monthly Cost: £1,197
Rent £323, Service charge £150, Mortgage £724*

Calculated using a representative rate of 5.03%

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

Amazing Studio Apartment in Brighton

Description

Southern Housing are thrilled to present the opportunity to purchase your own studio apartment in Brighton. Nestled within a modern residential development in suburban Brighton, you'll find a strong sense of community around you. The property benefits from a multitude of great shops and amenities.

Once entering your new fully-equipped home; you'll find the bathroom immediately on your right finished with white tiling, black accents on the taps and other aspects in the room, including the heated towel rail. The property features a large studio area also including additional storage cupboards; offering ample amount of storage space to ensure that the floor area is kept well organised for yourself. The kitchen offers a full integrated Oven, Stove, Extractor Fan and Dishwasher with the addition of a Fridge/Freezer; given the cupboard storage available in the Kitchen you will not find yourself having to leave items without a space to be stored on the worktop. The property provides a large studio area with a generous wardrobe; ensuring that you'll have the space to house all of your personal items and belongings whilst also maintaining the space and freedom to move around.

Underfloor heating featured throughout the flat which can be controlled remotely, in addition to well-insulated windows keeping the property warm throughout the winter months.

The development features common areas with a number of gardens and a small playground as well as a large and secure bike storage area.

Situated in a budding and vibrant area of Brighton, less than 20 minutes away from the city centre itself. You'll find yourself less than a 5 minute drive away from Aldi and only a few minutes further on to a large Sainsbury's catering to all of your grocery needs. Located within Brighton's University District you'll find a litter of great coffeeshops, restaurants and bars handling all areas of a night out in the Town. Train stations such as Moulsecoomb, Brighton (London Road) and Brighton are 5, 9 and 10 minutes away from your new home; offering trains to Central London, Southampton, Bournemouth and other areas along the south and east coast.

The current owner will not take part on a mortgage chain so you can move in pretty quickly.

Offering a spacious floor area of 41sqM

Full Price: £260,000
Share 50%
Share £130,000
Rent: £322.78
Service Charge: £149.54
Lease Remaining: 243 Years
EPC Rating: B
Council Tax Band: A

Key Features
  • Modern Residential Development
  • Immaculate Condition
  • Contemporary Design
  • Fully Fitted and Integrated Kitchen
  • Great Local Amenities
Particulars

Tenure: Leasehold
Lease Length: 243 years
Council Tax Band: A

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Moulsecoomb (0.20 miles) London Road (Brighton) (0.75 miles) Brighton (1.20 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.

£130,000
Shared Ownership Resale
Estimated Monthly Cost:£1,197
Rent £323
Service Charge £150
Mortgage £724

Share percentage 50%, full price £260,000, £6,500 Min Deposit. Calculated using a representative rate of 5.03%


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.