3 bedroom house for sale
5 Alder Place, Hellingly, BN27 1GW
Share percentage 50%, full price £370,000, £9,250 Min Deposit.
Share percentage 50%, full price £370,000, £9,250 Min Deposit.
Monthly Cost: £1,531
Rent £424,
Service charge £77,
Mortgage £1,030*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- 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.
Summary
Brand new 3 bedroom semi-detached house in the Uplands Park development. The price advertised represents purchasing a 50% share of the home.
Description
Brand new 3 bedroom semi-detached house in the Uplands Park development. The price advertised represents purchasing a 50% share of the home.
About the Development
Located in the south east of Sussex, around 7 miles of the coast and situated between the well-forested hills of the southern Forest Ridge and the undulating chalk countryside of the South Downs, Hailsham is surrounded by very appealing and unspoilt scenery.
Hailsham is ideally positioned for ease of access to many of the larger towns of Sussex and the south coast. Many of these surrounding towns and cities with their more extensive shopping centres and entertainment facilities including: Eastbourne, Hastings and Tunbridge Wells. It is also within easy reach of Gatwick airport, Channel ferry terminals, the Channel Tunnel and London.
About the Home
This brand new, three bedroom home has been built to a high spec and with luxury in mind. With a private rear garden and flooring throughout, this home is perfect for those looking to embark on a shared ownership journey. The ground floor opens to a hallway with the kitchen to one side, WC to the other and presents the large living room at the rear. The first floor offers the three bedrooms, with bedroom one hosting an en-suite as well as the three piece bathroom.
About the Area
Whilst being largely rural and picturesque in character, This bustling town still offers a variety of local and national shops, several supermarkets, a cinema, and leisure centre with swimming pool.
Most of the major banks and building societies have premises in the town centre, and facilities for most popular sporting are available. Hailsham also accommodates the home ground of a senior County league football club.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- 3 bedroom semi-detached home
- Flooring included
- Modern fitted kitchen
- Downstairs WC
- Patio doors to the garden
- En-suite to bedroom one
- Storage space
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 50%, full price £370,000, £9,250 Min Deposit. Calculated using a representative rate of 5.03%
