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Overview Key information

2 bedroom apartment
Embankment House
Shared Ownership (resales)
£106,750
35%
share
Full market value:
£305,000
Minimum deposit:
£10,675
2 bed 1 bath 541 sq. ft.
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A second floor, one bedroom apartment in Brighton.

Property Features:

• Communal entrance with concierge

• Entry system and Lift access

• Kitchen with integrated appliances

• Living/dining area

• One spacious bedroom

• Bathroom with shower over bath and ensuite

• Hallway storage

• Private balcony

• Communal roof terrace

Lease: Commenced 2013 with 125-year term

Council Tax Band: Brighton and Hove Council – C

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.

Local Area:

• Nearby Brighton mainline railway station, which provides direct and speedy links to central London, Eastbourne, Worthing and Gatwick airport.

• Walking distance to North Laines, where you’ll find a wide variety of independent retailers, coffee shops, supermarkets, and restaurants. The area is known for its independent eateries and vibrant nightlife.

• While in the heart of the city, there are several parks and green spaces nearby, including the historic Preston Park and the popular Royal Pavilion gardens.

Financial Information:

Property Value = £305,000

Percentage Share = 35%

Share Price = £106,750

Monthly Ground Rent = £00

Monthly Rent = £520.80

Monthly Service Charge = £231.14

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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