Shared Ownership in Shoreham by Sea, West Sussex

1 bedroom Flat

£ 230,000

Equity share:40% / £ 92,000

1 bedroom flat in Shoreham by Sea, West Sussex 40% share available for £92,000

Stonewater Homes are marketing this stunning shared ownership property on behalf of the vendor.

Key features of this Shared Ownership property

This top-floor one bedroom apartment is in a Central Shoreham location, in the increasingly popular Ropetackle area.

The property comprises of a double bedroom with built-in wardrobe, living/dining room, a good-sized bathroom and modern fitted kitchen. It also has valuable storage areas, including an ample eaves space. The apartment is double glazed and in a bright and clean condition. It includes a private under-cover vehicle parking space.

There is a 40% share available for £92,000 with the ability to purchase additional shares of up to 100%. Service charges and rent at the property amount to £344.54. EPC rating is current ‘C’ with Gas central heating.

Excellent location: Walking distance to the train station with links to London and Brighton and on main bus routes. The beach is easily accessible, as are attractive walking and cycling paths in the South Downs.

Eligibility

Shared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.

  • You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
  • You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
  • The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
  • In addition you be required to pay a reduced rent as well as a mortgage.

Are you interested in this shared ownership property? Please fill in the form and we will get back in touch. Thank you.

Property listed on MovingSoon.co.uk by Stonewater Homes Resales.

Please make sure you include a contact number and email address as well as quoting Property ID (#92435) when submitting your enquiry.

  • First Time Buyer
  • Parking
  • Shared Ownership Resales

14 Weavers Court, Ropetackle, Shoreham-by-Sea, UK, BN43 5ES

Overall Property Price
£ 230,000
Shared Ownership Amount From
40% / £ 92,000
Rental Price
£ 232 per month / 53.58 per week
Estimated Monthly Service Charge
£ 96
ID
92435
Type
Flat
Contract
Shared Ownership
Tenure
Leasehold
Location
West Sussex / Shoreham-by-Sea
Bathrooms
1
Bedrooms
1
Energy Rating
C
Date Listed
Estimated Available From Date
Now
Property Views
679

Stonewater Homes Resales

Suite C Lancaster House Grange Business Park, Enderby Road, Whetstone, Leicester, LE8 6EP
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Shared Ownership in Shoreham by Sea, West Sussex

1 bedroom Flat

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