Share percentage 50%, full price £275,000, £6,875 Min Deposit
Monthly Cost: £1,248
Rent £315,
Service charge £167,
Mortgage £766*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Stylish two bedroom modern apartments available through Shared Ownership.
Description
SHARED OWNERSHIP Two Bedroom apartment available to purchase from a 50% share at £137,500 with a deposit of £6,875. Maximum amount to purchase initially is 75%. Full market value £275,000. A great opportunity to get onto the property ladder and live in this contemporary, spacious two bedroom home.
Introducing a fantastic opportunity to own a stylish two-bedroom apartment in the charming, historic seaside town of Bexhill-On-Sea via shared ownership. Perfect for first-time buyers or those seeking a coastal retreat with modern amenities, these apartments offer a blend of comfort, convenience, and contemporary living.
Key Features
Spacious Hallway: A welcoming entrance that sets the tone for the apartment’s stylish design, complete with two handy storage cupboards.
Two Generous Bedrooms: Both rooms are well-sized, offering plenty of natural light and space for relaxation.
Modern Bathroom: A contemporary bathroom with sleek finishes, designed with practicality and style in mind.
Open Plan Kitchen, Living, and Dining Area: The heart of the apartment, this spacious, airy space is perfect for entertaining guests or enjoying a quiet evening in. Whether you're hosting family and friends or curling up with a good book, this area provides a versatile and inviting setting.
Location
Bexhill-On-Sea Town Centre: Just a short distance away, where you can enjoy a variety of high street shops, cafés, restaurants, and bars. Whether you’re looking for a leisurely day of shopping or a night out, the town has everything you need.
Mainline Railway Station: Excellent transport links to Hastings, Eastbourne, Lewes, Brighton, Tunbridge Wells, Gatwick, and London—making this the perfect residence for commuters.
Seafront & Leisure: Enjoy the vibrant Bexhill seafront with its beach, pavilion, and theatre, offering activities for all ages.
Ravenside Retail Park: Just a stone’s throw away, ideal for those who enjoy shopping and leisure activities.
New Bypass: Easy access to Eastbourne, Hastings, and the A21, providing straightforward road links to Tunbridge Wells and beyond.
With its prime location and modern living spaces, these two-bedroom apartments are ideal for anyone looking to make Bexhill-On-Sea their home. Don’t miss out on this exciting opportunity to get on the property ladder through shared ownership in one of the most desirable coastal towns in Sussex.
Financial Breakdown:
Full market value: £275,000
50% share value: £137,500
5% deposit: £6,875
Rent charged on unowned share: 2.75%
Rent on unowned share (50%): £316 per month
Estimated Service Charge: £167 per month
If you can’t afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Note: Photos, Plans & Elevations are representative of a similar property but not the one which the buyer may be purchasing. Any service charge figures stated are to be used as an Estimate.
Key Features
Fantastic Location
Two Generous Bedrooms
Open Plan Kitchen Living Dining Area
Modern Bathroom
Excellent Transport Links
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
Material Information
Total rooms: 4
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2025
Unit size: 766 Sq. Ft.
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Central, Double Glazing
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTC (Fiber to cabinet)
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 £275,000, £6,875 Min Deposit. Calculated using a representative rate of 5.03%