£136,000

This bright and modern two bedroom apartment is now available in East Sussex through Shared Ownership.

The property is located on the second floor and comprises an entrance hallway with built-in storage, a spacious open-plan kitchen and living area, a bathroom, and two bedrooms (one ensuite). The apartment enjoys plenty of natural light throughout, with the windows and private balcony benefiting from afternoon and evening sunshine. Perfect for singles, couples, or small families.

Outside, the property benefits from a private front facing balcony, an allocated off-road car parking space, and access to a secure bicycle storage unit.

Disclaimer:

So Resi are marketing this property for sale on behalf of the landlord, M&G UK Shared Ownership Limited.

All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.

Information on the criteria and requirements for shared ownership can be found here:

Shared Ownership Eligibility & Affordability Criteria

For the purposes of processing and progressing your application, your personal data may be shared with M&G UK Shared Ownership Limited , Pinnacle Group and the existing shared owner in accordance with our Privacy Policy.

If you would like a copy of our Privacy Policy, please refer to SO Resi Privacy Policy or contact us directly.

Available for £136,000 for 40% share based on the marketing figure of £340,000.

Monthly rent - £793.23
Monthly Service Charge - £45.97
Total Monthly Charge - £839.20 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is situated in a mainly residential area with good transport links and a range of local amenities nearby.

A local bus stop serving a several routes can be reached within a 2 minute walk, while Aldrington and Hove Train Stations are just 10-23 minutes away on foot, providing Southern Railway services with direct connections to London.

A supermarket can be reached within a 4-minute walk, and the nearby high street features a wide selection of shops, cafés, bars, and restaurants. Hove seafront is just a short distance away, offering the perfect spot to enjoy the beach, promenade, and coastal lifestyle, while regular bus services provide convenient access to Brighton city centre.

The property is well suited to families, with several schools located within an 8-minute drive. This includes West Hove Infant School, which is just a 1-minute walk away and has been rated Outstanding by Ofsted.

Energy rating band - C

Environment impact band - C

Years remaining on lease: 995

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.