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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • 1 Bedroom Apartment
  • Juliet Balcony
  • Open plan Kitchen/ Living area
  • Fitted Kitchen with Hob, Oven & Exactor
  • Free standing Fridge
  • Fitted Dishwasher
  • Ecodan Heating
  • 447 sqft
  • Fitted flooring throughout.
  • Intercom

Listing view statistics

Last 30 days: 54 page views

Description

Ready to move into now!

This 1 bedroom apartment is available to buy with a deposit starting from just £4,400 on a Shared Ownership basis*.

*Deposit shown is based on a full market value of £220,000 purchasing a 40% share of £220,000 with a minimum 5% deposit.

A Superb Development

Freehold Terrace is a collection of stunning 1 and 2 bedroom apartments in a block of just 8 apartments that are all available to move into now on a Shared Ownership basis via Sage Housing, located just off the Lewis Road the development is a stone’s throw from the city centre of Brighton. This scheme is in a sought after location and offers an excellent opportunity for First Time Buyers or buyers just looking for an affordable new home.

About the home

This 1 bedroom apartment offers spacious open plan living with a lounge come dining area and benefits from having a Juliet balcony. The fitted kitchen includes an oven, hob and extractor hood, dish washer, a freestanding Fridge. There is also a utility cupboard with plumbing for a washing machine of your choice. With Ecodan heat pumps for central heating and water. The Bathroom offers Bath with overhead shower. Lift to all floors and intercom to all apartments.

Great Location & Travel Links

Freehold Terrace is located just off the Lewis Road where there is no shortage of local shops and amenities. The City Centre is a pleasant 30 minute walk and offers comprehensive shopping facilities at the Churchill Shopping Centre and the ever popular Brighton Lanes offer a varied selection of boutique shops, restaurants and coffee shops. The seafront offers various water sports, the famous Brighton Beach and Pier and the i360.

Regular bus services run into the centre of Brighton and Hove and onto the outlying areas. London Road train station is within easy reach and offers services to London via Lewes whilst Brighton mainline station offers a regular direct service to London in approximately an hour and Gatwick in approximately 30 mins. Gatwick is some 32 miles distance by road.

Share Options Available

Examples of the share options available below are based on a full market value of £220,000 (Plot 1).

• 40% share - £88,000 (Rent £302.50 pcm)
• 50% share - £115,000 (Rent £252.08 pcm)
• 75% share - £172,500 (Rent £126.04 pcm)

Service Charge

Approximately £1,240.16 per annum.

How does Shared Ownership work?

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 Freehold Terrace, you can buy a minimum 40% 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.

About Sage Housing

lsl Land and New Homes are selling the homes on Freehold Terrace development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing please visit their website

Important Note to Purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

NHO200022/3

You could get

Superfast broadband Superfast broadband

Up to 50 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • London Road (Brighton) 0.4 miles
  • Moulsecoomb 0.7 miles
  • St Joseph's Catholic Primary School 0.2 miles
  • Downs Infant School 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • London Road (Brighton) 0.4 miles
  • Moulsecoomb 0.7 miles
  • St Joseph's Catholic Primary School 0.2 miles
  • Downs Infant School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in BN2:

  • £296,373
  • Price decrease

  • -£11,758
  • (-3.816%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £280,169
  • Properties sold

    134

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in BN2 is currently:

£923 pcm

Recent sales nearby

See all recent sales in BN2
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
17th Sep 2020 £88,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by LSL New Homes - South East. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact LSL New Homes - South East for full details and further information.