2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (112 years remaining)
- Two Bedroom Purpose Built
- Second Floor Apartment
- Double Glazed Windows & Doors
- Two Bathrooms
- Private Underground Parking
- Easy Reach Of Town Centre
- Beautifully Presented
- Viewing Recommended
- 45% Shared Ownership With Orbit Housing
- Vacant possession
Orbit Shared Ownership Scheme - Shared Ownership
How does it work?
If outright purchase is not an option for you, this scheme offers an alternative to renting. You can buy an initial share in a new home that you can afford, helping you into home ownership in manageable stages.
This scheme has previously been known as “Part Buy, Part Rent”, and both new-build and re-sale (older) properties are available.
The Housing Association or Registered Provider will offer initial shares of between 25% - 75% of the full purchase price. You pay a subsidised rent on the remaining share that the Housing Association or Registered Provider still own. The combined monthly cost of mortgage and rent will normally be less than if you were purchasing the property outright.
In the future you can simply sell your share for its value at the time or alternatively you can purchase further shares in your home.
With most properties you are eventually able to own the property outright if you wish to, although there are some restrictions on rural schemes.
Am I eligible?
Your annual household income can be no more than £80,000.
You should be unable to purchase a home suitable for your needs without assistance.
You cannot be a current home owner (or be named on the deeds of another property).
You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
Communal Entrance Foyet - With stairs & lift to second floor.
Private Entrance Hallway - With entry phone system, entrance door, storage cupboard, double radiator.
Living Room - 5.32 x 4.11 (17'5" x 13'5") - Window to rear elevation, two double radiators.
Kitchen - 2.72 x 2.26 (8'11" x 7'4") - Modern fitted kitchen with a range of matching wall and base level units, laminate straight edge work tops, one half bowl sink with drainer and mixer tap, integrated oven & grill, electric hob with extractor canopy and light, built in fridge/freezer.
Bedroom One - 5.33 x 2.78 (17'5" x 9'1") - Double glazed window overlooking rear, two radiators, built in wardrobe cupboard.
Ensuite - Suite comprising of built-in shower cubicle with glass sliding doors and wall mounted mains shower, low level w.c, pedestal wash hand basin with tiled splash back.
Bedroom Two - 4.02 x 2.78 (13'2" x 9'1") - Window to rear, radiator, built in cupboard.
Bathroom - Suite comprising panelled bath with mixer taps and shower attachment, part tiled walls, pedestal wash hand basin with tiled splash back, low level w.c, mirror, light and shaver point, radiator.
Secured Parking - Secured, under ground parking space.
Maintenance Charges - Combined monthly charge of £463.93. (£305.24 Rental charge to Orbit, £126.13 Service Charge, £12.50 ground rent, management charge £20.06 ) Approx. 112 Years Remaining On Lease.
Agents Notes - None of the services or appliances mentioned in these sale particulars have been tested. It should also be noted that measurements quoted are given for guidance only and are approximate and should not be relied upon for any other purpose.
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Property reference 33400543. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Rush Witt & Wilson - Bexhill-On-Sea.
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 26, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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