1/14
£111,250
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.
A third floor, two-bedroom apartment in Shoreham-by-Sea.
Property Features:
· Communal entrance with entry system
· Separate kitchen with dining space
· Large lounge with alcove
· Kitchen with integrated appliances
· Family bathroom with shower over bath
· Two bedrooms
· Built in wardrobe space and ensuite in master bedroom
· Hallway storage
· Allocated parking
· Separate shared, secure cycle store space
Lease: Commenced 2019 with 999-year term
Council Tax Band: Adur council – E
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 = £445,000
Percentage Share = 25%
Share Price = £111,250
Monthly Ground Rent = £20.83
Monthly Rent = £984.80
Monthly Service Charge = £143.85
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.
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