£197,500
2 bed end terrace house for saleQueens Drive, Ringmer, Lewes, East Sussex BN8
2 beds
2 baths
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
Freeman Forman - Ringmer
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About this property
Shared ownership 2 bedroom house available to purchase at a 50% share from £197,500 with a minimum 5% mortgage deposit of £9875. Call today to arrange your appointment to view & discuss this individual home!
This end of terrace 2 bedroom home was built by Bovis/Linden Homes in 2021 and offers wonderful accommodation for the young family. In the heart of this modern estate on the edge of the thriving village of Ringmer, this property offers bright, spacious and modern living. There is a downstairs cloakroom, modern fitted open plan kitchen with the sitting room, which features double doors leading to the garden. There is also an understair storage cupboard. On the first floor the master bedroom features an en suite shower/wc and there is a family bathroom. The second bedroom being a spacious double. At the front is an open plan driveway for 2 cars with electric car point. The rear garden has close board fencing, patio and side gate access.
Ringmer Village is a sought-after place to live for many reasons. It is just outside the County Town of Lewes and offers far more space for families to live and work without the cramped feel sometimes experienced in Town. It is the perfect balance between work and home life. The cricket club play on The Green most weekends in the summer months and the newly developed County League Football Club are now at their new home during the Winter. There is a great bowls club, Library, Surgery and a vibrant parade of shops with a Bakers, Butchers, General Store, Cafe, Fish and Chip shop whom serve the local community. Lewes has a wider range of shops, bars and cafes as well as Waitrose and Tesco and a small retail industrial estate. There is a mainline railway station with regular services to London Victoria in about 1 hour away, with Brighton being about 20 minutes away.
Example:
Full Market Value: £395,000
50% Share Price: £197,500
Rent on un-owned share plus estate charge £631.47 pcm
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Ringmer you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%) When you’re ready, you can buy more shares until you staircase to owning 100% of your home.*
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
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Tenure
Leasehold (120 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review