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Atlantic Heights (11260923)

Shared ownership

Atlantic Heights, Brighton, BN2 8DW

For sale
Shared ownership
Photo of Atlantic Heights (11260923)
Live from space album cover

from

£78,750

with min. deposit

£7,875

35% Share from
£78,750
Full market price
£225,000
Minimum deposit
£7,875
Monthly rent
£311
Monthly service charge
£203.28

1 bedroom flat

Available through our resale shared ownership scheme, a first floor, one-bedroom apartment in Brighton. 

   

Property description:

The property comprises a wheelchair accessible and communal entrance, entry system, open plan kitchen and living area, one bedroom, family bathroom with shower over bath and multiple storage spaces. 

 

The property also benefits from access to a communal garden and permit parking. 

 

Lease: Commenced 2007 with 999-year term

Council Tax Band: Brighton & Hove Council - B

Gross Internal Area: 484.376sq.ft.

 

 

FINANCIAL INFORMATION

Property Value = £225,000

Percentage Share = 35%

Share Price = £78,750

*Monthly Rent = £311.98

*Monthl…

Features

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area45
Number of floors1
Entrance floor1st floor
Tenureleasehold

from

£78,750

with min. deposit

£7,875

35% Share from
£78,750
Full market price
£225,000
Minimum deposit
£7,875
Monthly rent
£311
Monthly service charge
£203.28
Hyde New Homes

Hyde New Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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