About this property

TENURE: To be advised

View Now - Buy with Shared Ownership a 75% share at 195,000 with a deposit of 9,750. The price shown represents a 75% share of 260,000. Shares are available from 40% for initial purchase. A great opportunity to get onto the property ladder and live in this brand new contemporary home.

Plot 201 - This 2 bedroom semi-detached home offers two allocated parking spaces and a rear garden.

This home has a contemporary kitchen with laminate worktops, living/dining room to the rear overlooking the turfed garden. Additionally, to the ground floor is a downstairs cloakroom with chrome taps and spacious hallway with storage.

Upstairs there are two double bedrooms and a tiled bathroom fitted with white suite. Internal doors have chrome ironmongery. Wood effect vinyl flooring complements the kitchen, cloakroom and bathroom with carpet fitted to the remainder of the home.

The home also benefits from two car parking spaces to the front and gas central heating via an efficient combi boiler.

Financial Breakdown:

Full market value: 260,000

75% share value: 195,000

5% deposit: 9,750

Rent charged on unowned share : 2.75%

Rent on unowned share (25%) : 148.96 per month

Estate Management Fee of 322 per annum

Local Area

Situated in a peaceful setting, this prime location is close to the market town of Hailsham which offers a good choice of shops, pubs and restaurants as well as supermarkets for convenience. Situated in the East Sussex countryside, with the High Weald to the north and Pevensey Levels to the West there are outdoor pursuits for everybody to enjoy.

Transport

Located only 5 miles from Polegate Station, which offers trains into Brighton within 30 minutes and Victoria within 1 hour and 22 minutes. Gatwick is only 47 minutes by car.

Due for completion in Spring 2020

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes:

Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

Agent details

Freeman Forman Uckfield

  • 94 High Street
  • Uckfield
  • East Sussex
  • TN22 1PU
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