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Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ

Shared ownership

Blessing Lodge, 1-3 Britannia Avenue, Shoreham Beach, BN43 5PJ

Sale under offer
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
Photo of Blessing Lodge, Shoreham Beach, West Sussex, BN43 5PJ
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2 bedroom flat

Located in the sought after town of Shoreham-By the Sea this two bedroom apartment is on the first floor of a three-story block. The property offers a spacious entrance hall with large storage cupboards, two double bedrooms, a large separate family size kitchen.  A  good size  lounge diner has west facing windows and brings lots of natural light and there's a modern family bathroom, this property also comes with allocated parking.

Shoreham by Sea offers a fantastic lifestyle for both coastal and countryside living. Whether it's a walk along the beach or a bike ride up the River Adur, there is something for everyone. Shoreham is a secluded …

Features

On street/resident parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area70.4
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years108

from

£187,500

with min. deposit

£9,375

75% Share from
£187,500
Full market price
£250,000
Minimum deposit
£9,375
Monthly rent
£0
Monthly service charge
£102.82
Reservation free
£300
Administration free
£450
Complete Moves

Complete Moves

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

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy 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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