2 bedroom apartment for sale
Tintern Bank, 30 Turner Place, BN3 5GG
Share percentage 40%, full price £365,000, £14,600 Min Deposit.
Share percentage 40%, full price £365,000, £14,600 Min Deposit.
Monthly Cost: £1,436
Rent £587,
Service charge £112,
Mortgage £737*
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 through our resale shared ownership scheme, a second floor, two-bedroom apartment in Hove.
Description
The property comprises a wheelchair accessible, communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, master bedroom with ensuite, family bathroom with shower over bath and hallway storage.
The property also benefits from access to allocated parking.
Lease: Commenced 2022 with 999-year term
Council Tax Band: Brighton & Hove Council - C
Approx. Gross Internal Area: 674sq.ft.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
FINANCIAL INFORMATION
Property Value = £365,000
Percentage Share = 40%
Share Price = £146,000
Monthly Rent = £587.48
Monthly Service Charge = £112.29
Please note the rent and service charge is reviewed annually 01 April.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.
Key Features
- Ideally positioned for convenience and leisure. Shops, pubs, and restaurants are within easy walking distance, offering a variety of options for dining and daily needs. Local parks and the nearby beach provide fantastic spaces for recreation and relaxation. Essential services, including a GP practice and dentist, are also within walking distance.
- The area benefits from strong transport links. Aldrington station is just 0.48 miles away, providing regular services to Brighton and London. Additionally, there are excellent bus routes connecting the area to Brighton city centre, the South Downs, and surrounding areas, making it easy to travel without a car.
- Families are well-catered for, as the postcode falls within the catchment area for desirable infant and junior schools. This makes it an appealing location for those with young children.
Particulars
Tenure: Leasehold
Lease Length: 997 years
Council Tax Band: C
Property Downloads
Key Information Document 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 40%, full price £365,000, £14,600 Min Deposit. Calculated using a representative rate of 4.59%
