Total views: 794
Floorplan
MapShared ownership
£210,0002 bedroom flat for sale
Newlands Place, Seaford
Flat
2 beds
1 bath
775
EPC rating: B
Key information
Tenure: Leasehold | unconfirmed share | 989 yrs left
Council tax: Band C
Features and description
- Two double bedrooms
- 8 years remaining on the NHBC warranty
- Allocated parking space
- Open plan dual aspect Kitchen and living room
- Family bathroom
- Gas fired central heating and double glazing
- Eligibility criteria apply
- Total value of £280,000 with the 75% share being sold at £210,000
- The remain 25% share will be subject to a rent of £168.50 a month
- Service charge, Estate charge, Buildings insurance, Management fee, Reserve fund payment total £181.85 per month
An opportunity to acquire a 75% share of this two-bedroom second-floor apartment, built in 2023 with the remaining 8 years of the 10 year NHBC warranty.
The accommodation comprises two double bedrooms, bathroom and open plan kitchen and living room. There is also an allocated parking space.
To be eligible to buy the apartment you must meet the criteria with both of the following applying:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
Also one of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Communal entrance door to hallway with stairs and lift to all floors.
Accommodation - Accessed via the communal landing on the second floor to the wooden trance door for Flat 9
ENTRANCE HALL
Radiator. Storage cupboard with space for washing machine and electric consumer unit.
KITCHEN / LIVING ROOM
Kitchen area:- Range of wall and base units. Work surface with inset sink and drainer. Wall mounted 'ideal' gas fired boiler. Integrated dishwasher, fridge and freezer.
Living area:- Dual aspect with double glazed window to side and rear. Also double glazed patio doors with Juliet balcony to rear. Two radiators.
BEDROOM ONE
Double glazed window to rear. Radiator.
BEDROOM TWO
Double glazed window to front and side. Radiator.
BATHROOM
White suite comprising bath with shower above, close coupled WC and pedestal wash basin. Double glazed window. Towel rail. Extractor fan.
OUTSIDE
Allocated parking space numbered 161
Outgoings - Lease of 989 years
If you buy a 75% share, as advertised, the share purchase price will be £210,000 and the rent on the remaining 25% will be £168.50 a month. The rent will be reviewed each year by a set formula using the Retail Prices Index (RPI) for the previous 12 months plus 0.5%.
Service charge £66.94
Estate charge £10.53
Buildings insurance £20.48
Management fee £36.73
Reserve fund payment £47.17
Total monthly payment excluding rent £181.85 (£2182.20 per year). Total monthly payments including rent, if buying the 75% share as advertised, £350.35 (£4204.20 per year)
Please be advised that, in accordance with section 18 of the Estate Agents Act 1979, the seller of this property is related to a member of staff at David Jordan Estate Agents Ltd.
Disclaimer - Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built in furniture.
The accommodation comprises two double bedrooms, bathroom and open plan kitchen and living room. There is also an allocated parking space.
To be eligible to buy the apartment you must meet the criteria with both of the following applying:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
Also one of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Communal entrance door to hallway with stairs and lift to all floors.
Accommodation - Accessed via the communal landing on the second floor to the wooden trance door for Flat 9
ENTRANCE HALL
Radiator. Storage cupboard with space for washing machine and electric consumer unit.
KITCHEN / LIVING ROOM
Kitchen area:- Range of wall and base units. Work surface with inset sink and drainer. Wall mounted 'ideal' gas fired boiler. Integrated dishwasher, fridge and freezer.
Living area:- Dual aspect with double glazed window to side and rear. Also double glazed patio doors with Juliet balcony to rear. Two radiators.
BEDROOM ONE
Double glazed window to rear. Radiator.
BEDROOM TWO
Double glazed window to front and side. Radiator.
BATHROOM
White suite comprising bath with shower above, close coupled WC and pedestal wash basin. Double glazed window. Towel rail. Extractor fan.
OUTSIDE
Allocated parking space numbered 161
Outgoings - Lease of 989 years
If you buy a 75% share, as advertised, the share purchase price will be £210,000 and the rent on the remaining 25% will be £168.50 a month. The rent will be reviewed each year by a set formula using the Retail Prices Index (RPI) for the previous 12 months plus 0.5%.
Service charge £66.94
Estate charge £10.53
Buildings insurance £20.48
Management fee £36.73
Reserve fund payment £47.17
Total monthly payment excluding rent £181.85 (£2182.20 per year). Total monthly payments including rent, if buying the 75% share as advertised, £350.35 (£4204.20 per year)
Please be advised that, in accordance with section 18 of the Estate Agents Act 1979, the seller of this property is related to a member of staff at David Jordan Estate Agents Ltd.
Disclaimer - Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built in furniture.
Property information from this agent
About this agent
David Jordan is the foremost estate agent for selling and letting property in Seaford and surrounding areas. We pride ourselves on combining cutting-edge marketing with the expert support of a traditional estate agency. Established in 2004 by Seaford local David, the agency has a committed team who take the stress out of moving and ensure vendors and landlords get the best price for their properties. We achieved 97% of the asking price on average in 2014 Last year we sold nearly 30 million pounds worth of property There were 7,264,089 million views a year of our property online last year Our team live and breathe our area. It is a friendly place and we enjoy one of the most unspoilt beaches in Sussex, train link to London as well as great access to the South Downs and Brighton, Eastbourne and Lewes. Bespoke marketing strategies for every property We approach every property individually to ensure the best exposure and ultimately price. We target our database of potential buyers and tenants and present our properties on major web portals and in local and national media. The most beautifully presented and detailed property particulars We use fantastic photography and easy-to-understand floorplans; our distinctive descriptions capture the heart and soul of your property. Dedicated staff team with nearly 100 years worth of experience in estate agency Our vastly experienced team enables us to effectively progress sales from offer to completion and smooth out any difficulties that may arise along the way. Our in-depth understanding of the local market trends ensures our valuations are both comprehensive and accurate. Taking the stress out of selling and letting Our clients often comment on our uniquely caring approach and say we give them peace of mind. We work around your life and your timescale, providing regular updates and responding to any queries promptly so you will never feel in the dark. At the forefront of new technology We have a strong presence on property portals and search engines with our previous website having nearly 1 million views last year. We have also launched our new multi-platform, beautifully designed and easy to use website alongside our strong social media presence and array of modern technology in our offices with a high-definition projector and digital touch-screen display for viewing properties. A distinctive and aspirational brand Our stunning new look reflects the calibre of the properties we market and attracts the right buyers and tenants whether they are looking online, driving past one of our superior ‘for sale’ boards or visiting our prestigious showroom in Seaford town. Interested? Contact us for more information or to arrange a viewing with one of our sales team. Call us on the number displayed or press the Contact Agent button. We look forward to hearing from you.
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