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2 bed flat for sale

£85,500 Shared ownership

Brighton Road, Shoreham By Sea BN43

2 1
Interested in this property? Call +44 20 8115 3273 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Integrated Washer
  • Integrated Dishwasher and Fridge / Freezer
  • Modern Fitted Bathrooms
  • Double Glazing
  • Laminate Floored Living Areas
  • Every home includes Balcony

Property description

Google: "Caravel Court" to find out more!

Caravel Court by Southern Home Ownership is a stunning collection of one, two and three bedroom apartments located in the harbour town of Shoreham-by-sea, available on a Shared Ownership basis.

For most people, the idea of living in a prime coastal location, close to an historical riverbank and surrounded by all the facilities you need for a modern lifestyle, is a distant dream. For residents at Caravel Court, Shoreham-on-Sea, it's exactly what you can expect.

Living areas are open planned, light and spacious, while décor is attractive and understated. Every home boasts its own balcony where you can breathe in the fresh air. If you love the idea of riverfront living, Caravel Court is a once in a lifetime opportunity.

Price breakdown:
Full value: £285,000
Share: 30%
Share value: £85,500
Monthly Mortgage*: £480
Monthly Rent**: £457
Monthly Service Charge Estimate: £130

The mortgage rate is based on a 95% repayment loan over 25 years at an interest rate of 5% (this assumes you will be paying a 5% deposit). This figure is a guide only - you must obtain advice from a qualified advisor.**The monthly rent is calculated at 2.75% per annum of the value of the share that you don't purchase. Prices are based on a valuation carried out by a RICS qualified surveyor (valuations are subject to review at least every three months).

Property info

Market activity
Average price paid £362,437 Sales 348 Current average value £377,898 (Zoopla Zed-Index) Value change £7,550 ▲ 2.04%

Property value data/graphs for BN43

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £556,936 £412 3.5 £520,223
Semi-detached £386,464 £394 3.2 £392,323
Terraced £341,943 £384 2.9 £358,425
Flats £249,473 £391 1.9 £249,332

Current asking prices in BN43

Average: £379,740
Avg. current asking prices in BN43
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £58,475
(2)
£224,356
(7)
£449,640
(25)
£614,615
(13)
£787,488
(4)
Flats £184,833
(15)
£265,167
(27)
£223,333
(3)
- -
All £169,968
(17)
£256,765
(34)
£425,393
(28)
£614,615
(13)
£787,488
(4)

Current asking rents in BN43

Average: £1,052 pcm
Avg. current asking prices in BN43
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £618 pcm
(2)
- £1,547 pcm
(2)
£1,957 pcm
(3)
-
Flats £698 pcm
(7)
£986 pcm
(8)
- - -
All £680 pcm
(9)
£986 pcm
(8)
£1,547 pcm
(2)
£1,957 pcm
(3)
-

Fun facts for BN43

Highest value in BN43
Highest value streets Zed-Index
Windlesham Gardens £856,955
Mill Hill £821,297
Old Fort Road £705,721
Lesser Foxholes £674,579
Windlesham Road £663,891
Highest turnover in BN43
Highest turnover streets Turnover
Coventina Close 83.3%
Providence Way 64.3%
Broad Reach 55.2%
Flag Square 54.5%
Ravensbourne Close 50.0%

What Zoopla users think of Shoreham-by-Sea

Overall rating:

  • currently 4 stars
Very good - 82% (71 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Shoreham-by-Sea:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Shoreham-by-Sea (0.7 miles)
  • Southwick (1.0 mile)
  • Fishersgate (1.7 miles)
  • Shoreham Airport (1.8 miles)
  • London Gatwick Airport (21.6 miles)
  • London Heathrow Airport (45.1 miles)
  • Newhaven Harbour Ferry Terminal (14.0 miles)
  • Bosham Hoe Ferry Landing (26.6 miles)
  • West Itchenor Ferry Landing (26.7 miles)

Nearby schools

View all schools in Adur
  • St Peter's Catholic Primary School, Shoreham-by-Sea (0.3 miles)
  • St Nicolas & St Mary CofE(Aided) Primary School (0.4 miles)
  • Herons Dale School (0.6 miles)
  • Lancing College (2.2 miles)
  • Bellerbys College Brighton (5.3 miles)
  • Bede's Senior School (20.1 miles)
  • Shoreham Academy (0.5 miles)
  • Shoreham College (0.6 miles)
  • King's School (1.5 miles)
Note: Distances are straight line measurements

Local info for Adur

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For more information about this property, please contact
Southern Home Ownership, EC1M on +44 20 8115 3273 * (local rate)

Monthly running costs Beta

£530 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,550
Repayment term 25
Interest rate 1.5
Your payment £307 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £15/mo (£182/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £23 Electricity £32 Estimated energy cost £55/mo

Similar properties could save up to £219

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Adur

Estimated tax band A Council tax cost £114 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £26 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Southern Home Ownership about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Southern Home Ownership, and do not constitute property particulars. Please contact Southern Home Ownership for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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