3 bedroom house for sale
Nettle Grove, Lindfield, RH16 2DZ
Share percentage 60%, full price £490,000, £29,400 Min Deposit.
Share percentage 60%, full price £490,000, £29,400 Min Deposit
Monthly Cost: £2,021
Rent £462,
Service charge £75,
Mortgage £1,484*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Please note, you must have a local connection to the area be considered for purchase.
Shared ownership
Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.
Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.
Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.
Am I eligible?
Serving MOD will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.
Remember you will also have to pay household bills including council tax, gas, electricity and water.
Summary
Three-bedroom, Semi-detached house with garage for Shared Ownership resale
Description
A three-bedroom semi-detached house is now available to purchase on a shared ownership resale basis on the Heathwood Park development situated in Lindfield near Haywards Heath. Located in a quiet cul-de-sac this property has two spacious double bedrooms and a good sized third bedroom along with a good sized family bathroom upstairs and a generous WC on the ground floor. There is bright kitchen to the front of the property and a large living/ diner at the rear. This property is within walking distance of several primary schools and Oathall Community College. Please note, you must have a local connection to be considered for purchase.
Purchase breakdown
Monthly charges apply. Within the current financial year from 1 April 2025 to 31 March 2026; these consist of the following (subject to final confirmation):
Shared Ownership minimum share of 60% £294,000
Monthly Rent: £462.18
Monthly service charges: £74.99
EPC - B
Council Tax Band - D
Please note, you must have a local connection to the area be considered for purchase.
Key Features
- Semi-Detached House
- Three Bedrooms
- Open-plan Living
- Large Garden
- Garage
- Off-street Parking
- Close to Schools
- Quiet Cul-de-sac
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: D
Property Downloads
Key Information Document Brochure Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Off Street
Outside Space/Garden: Yes - Private Garden
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 60%, full price £490,000, £29,400 Min Deposit. Calculated using a representative rate of 4.59%
