Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Shoreham-By-Sea.

Property description:

This river view apartment comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated appliances, large balcony, two bedrooms, master bedroom with ensuite, family bathroom with shower over bath and hallway storage.

The property also benefits from access to bicycle storage and allocated parking.

Lease: Commenced 2021 with 999-year term

Council Tax Band: Adur Council – D

Approx. Gross Internal Area: 797sq.ft.

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 INFORMATION

• Nestled close to the river, near to the beautiful South Downs and just a stone’s throw from the River Adur, Shoreham beach and the vibrant town centre. Well connected to the local area with excellent transport links and a number of amenities just a short walk away.

• Here you can enjoy communal courtyards and a café/restaurant with a raised terrace. There’s also a riverside cycle and walking path, which leads directly to the South Downs via stepped access.

• Shoreham by-Sea Railway is an 11-minute walk away offering direct services to Brighton, Gatwick Airport and London Central. The A27 and A 23 provides easy access to the motorway network.

FINANCIAL INFORMATION

Property Value = £375,000

Percentage Share = 35%

Share Price = £131,250

Monthly Ground Rent = £20.83

Monthly Rent = £634.06

Monthly Service Charge = £287.04

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, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.