2 bedroom apartment for sale
Ringed Plover Apartments, 25 Salt Marsh Road, BN43 5QQ
Share percentage 45%, full price £420,000, £18,900 Min Deposit.
Share percentage 45%, full price £420,000, £18,900 Min Deposit
Monthly Cost: £1,956
Rent £644,
Service charge £358,
Mortgage £954*
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.
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.
Summary
A modern third floor, two-bedroom apartment in Shoreham-By-Sea.
Description
- Communal and wheelchair accessible entrance
- Entry system and lift access
- Open plan kitchen and reception
- Kitchen with integrated appliances
- Master bedroom with ensuite
- Private balcony with river and sunset views
- Family bathroom with shower over bath
- Hallway storage
- Underfloor heating
- Allocated parking bay in underground car park
- Very energy efficient
Lease: Commenced 2020 with 999-year term
Council Tax Band: Adur Council - D
Financial information:
Property Value = £420,000
Percentage Share = 45%
Share Price = £189,000
Monthly Ground Rent = £20.83
Monthly Rent = £644.05 from April 1st 2025
Monthly Service Charge = £358.31 from April 1st 2025
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
- This residential area offers convenient access to local amenities. Nearby supermarkets include Tesco, Co-op, and Marks & Spencer, while local dining options range from cafés to restaurants along the high street. Local attractions include Shoreham Beach, ideal for walks and watersports, and the Ropetackle Arts Centre which hosts live performances and cultural events. There’s also Shoreham Fort and Adur Recreation Ground.
- Nearby bus stops include Swiss Cottage and Orchard Close, providing public transport options. Shoreham-by-Sea railway station is approximately 0.5 miles, offering rail services to providing services to Brighton, London, and beyond. The area is well-connected by road, with the A259 and A27 nearby, facilitating travel to surrounding towns and cities.
- For families, Swiss Gardens Primary School is the closest educational institution, located about 0.2 miles from Salt Marsh Road. Other nearby primary schools include Buckingham Park Primary School and Shoreham Beach Primary School.
Particulars
Tenure: Leasehold
Lease Length: 994 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 45%, full price £420,000, £18,900 Min Deposit. Calculated using a representative rate of 4.59%
