Pacific Heights, Suez Way, Brighton, East Sussex, BN2 8AX

Available for resale shared ownership, a well maintained and spacious, two-bedroom, second floor apartment located in the outskirts of Brighton (Saltdean), East Sussex.  

 

Property description:

The property comprises of; communal entrance with lift access to the second floor, private front door leading through to entrance hall, kitchen with in built oven and hob, light and airy open-plan lounge/dining room, master bedroom, second bedroom, and bathroom with shower over bath. The property also benefits from a communal bicycle storeroom.

 

Please note an EWS1 will not be available for lending purposes.

 

Length of Lease: Approx. 113 Years

Council Tax Band: Brighton & Hove Council – C

Gross Internal Area: 60m2

 

LOCAL AREA INFORMATION

• Located on the sought-after Grand Ocean development within close proximity to local shops & amenities in the coastal town of Saltdean

• Excellent bus services to Brighton City Centre

• Brighton offers a wide variety of shops, restaurants, bars & amenities

• Brighton Train Station is situated 6 miles from the apartment and offers direct services to London Victoria, Gatwick Airport & Southampton

• Easy access to the A27 providing a direct route to the motorway network

 

FINANCIAL INFORMATION

Property Value = £250,000

Percentage Share = 25%

Share Price = £62,500

Monthly Rent = £399.31 from 1st April 2021 *

Monthly Service Charge = £178.87 from 1st April 2021 *

Monthly Mortgage Payment = £313 **

Annual Household Income = £31,000 ***

 

*Please note the rent and service charge is reviewed annually on the 01 April.

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.

***Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair 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, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.

Contact us now to arrange a viewing:

Please call the Sales Team on 0345 606 1221 and provide the following information:

Your Contact Number/Email

Your Hyde New Homes or Help to Buy reference number**

Your Deposit for the mortgage

If it is a Single/Joint application (if married it must be joint)

Your Current salary (single/Joint where applicable)

Do you have any children? If so, how many?

Do you own any pets? If so, what?

Are you a current homeowner?

**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application.  A reference number will be emailed to you once the application is completed.  If you have a Help to Buy reference number, we will accept this as well.

 

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