Available for resale shared ownership, a beautifully presented and modern two-bedroom, second floor apartment situated in Seaford, East Sussex

The modern and bright property is on the top floor and comprises a hallway with large storage cupboard, an open plan kitchen, living/dining room, the kitchen has integrated appliances including fridge/freezer, washer/dryer and oven/ceramic hob, two double bedrooms and bathroom with shower over bath.

The property was constructed in 2018 and holds a 10-year NHBC warranty, it also benefits from access to a well-maintained communal courtyard to the rear of the property, secure bicycle storge and allocated parking in a secure gated car park.

Length of Lease: Approx. 995 Years

Council Tax Bad: Lewes Council – B

Gross Internal Area: 68m2

LOCAL AREA INFORMATION

  • Situated in the popular area of Seaford, East Sussex and a few yards from Seaford Town Centre.
  • There are various local secondary and primary schools, the nearest is Seaford Primary School approximately 550 yards away, and Seaford Head School approximately 0.8 miles away.
  • Seaford Medical Practice, approximately 130 yards away and East Sussex Special Dental Care Service 130 yards away.
  • The nearest railway station is Seaford (Sussex), approximately 120 yards away.  Brighton to Eastbourne Bus routes available

FINANCIAL INFORMATION

Property Value = £235,000

Percentage Share = 75%

Share Price = £176,250

*Monthly Rent = £139.85

*Monthly Service Charge = £254.65

**Monthly Mortgage Payment = £882

***Annual Household Income = £46,000

 

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

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