2 bedroom apartment for sale
3 Denman Place, BN1 9BZ
Share percentage 25%, full price £355,000, £8,875 Min Deposit.
Share percentage 25%, full price £355,000, £8,875 Min Deposit
Monthly Cost: £1,223
Rent £652,
Service charge £123,
Mortgage £448*
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
Available for resale a modern third floor, two-bedroom apartment situated in a desirable and well-connected part of Brighton.
Description
- Communal entrance with entry system
- Lift access
- Open plan kitchen and reception
- Kitchen with integrated appliances
- Family bathroom with shower over bath
- Walk-in hallway storage
- Private balcony
- Newly built and very good energy efficiency
- Communal podium garden
- Allocated parking
- Chain free
Lease: Commenced 2024 with 250-year term
Council Tax Band: Brighton And Hove - B
Financial Information:
Property Value = £355,000
Percentage Share = 25%
Share Price = £88,750
Monthly Rent = £651.85
Monthly Service Charge = £122.63
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
- With nearby shops, parks, and amenities, along with access to South Downs walking trails, this location is perfect for students, professionals, and families looking for both urban convenience and a touch of nature.
- The area benefits from excellent transport links, with regular bus services providing quick access to central Brighton, Brighton Station, and surrounding areas. Road links to the A27 and A23 are also nearby, making travel across Sussex and to London straightforward.
- For education, the property is ideally positioned close to several well-regarded institutions, including the University of Brighton (Moulsecoomb campus) and University of Sussex, both just a short distance away. There are also local primary and secondary schools within easy reach, such as Coldean Primary School, Moulsecoomb Primary, and Brighton Aldridge Community Academy.
Particulars
Tenure: Leasehold
Lease Length: 249 years
Council Tax Band: B
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
Communal lift: Yes
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 25%, full price £355,000, £8,875 Min Deposit. Calculated using a representative rate of 4.59%
