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Overview Key information

1 bedroom apartment
Ringed Plover Apartments
Shared Ownership (resales)
£110,000
40%
share
Full market value:
£275,000
Minimum deposit:
£11,000
1 bed 1 bath 579 sq. ft.
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A modern, 2nd floor, one-bedroom apartment in West Sussex.

Property Features:

• Communal entrance with entry system

• Wheelchair accessible

• Lift access

• Modern, open plan kitchen with integrated appliances

• Ample storage space and built in cupboards in kitchen

• Family bathroom with shower over bath

• Hallway storage

• One spacious bedroom

• Underfloor heating throughout

• Private balcony

• Private and covered allocated parking

• Bike or outdoor equipment storage with key fob access

Lease: Commenced 2020 with 999-year term

Council Tax Band: Adur 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:

• Direct access to river front for riverside activities such as walking, cycling and photography.

• Walking distance to Shoreham-By-Sea’s vibrant town, which has numerous shops, restaurants, cafes and pubs.

• Nearby the beachfront for seaside activities.

• Excellent transport links, walking distance to a local train station which has direct links to central London.

• Bus stop outside the development.

• Riverside cycle and walking path outside.

Financial Information:

Property Value = £275,000

Percentage Share = 40%

Share Price = £110,000

Monthly Ground Rent = £12.50

Monthly Rent = £462.48

Monthly Service Charge = £349.57

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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