Available through our resale shared ownership scheme, a fifth floor, two-bedroom apartment in Brighton. 

  

Property description:

The property comprises a communal/wheelchair accessible entrance, entry system, lift access, 

open plan kitchen with integrated appliances, living/dining area, two bedrooms, family bathroom with shower over bath, hallway cupboard storage and a balcony. 

The property also benefits from access to a roof terrace and allocated parking.

Lease: Commenced 2012 with 125-year term

Council Tax Band: Brighton & Hove Council – C

Approx. Gross Internal Area: 741sq.ft.

LOCAL AREA INFORMATION

• Situated in a convenient residential area of Brighton City.

• Within easy distance of Brighton City Centre which offers a wide variety of shops, restaurants, bars, entertainment and other amenities.

• Under a mile from Brighton Train Station which offers services to; London via Gatwick Airport, Ashford International, Southampton, Hove & Seaford.

• Walking distance to bus stop providing excellent services around Brighton.

• A 20 minute walk to the popular Brighton beach.

FINANCIAL INFORMATION

Property Value = £340,000

Percentage Share = 60%

Share Price = £204,000

*Monthly Rent = £305.47

*Monthly Service Charge = £150.26

**Monthly Mortgage Payment = £1,042.00 

***Annual Household Income = £55,000

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

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

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.

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