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Full details for 2 Bedroom Property For Sale in Lewes

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Description

** SSTC BY FREEMAN FORMAN RINGMER ** This exciting new development at Rectory Meadows is an excellent opportunity to purchase this 2 bedroom terrace home from an initial 25% share!

SHARED OWNERSHIP 2-bedroom homes available to purchase from a 25% share at £100,000 with a deposit of £5,000. Full market value £400,000. Shares are available to purchase from 25% - 75%.

Contact us today to arrange your appointment to discuss these stunning homes in more detail!

Located on the popular development of Rectory Meadows, Plumpton This is a well-designed two-bedroom terrace home offering excellent accommodation throughout.

This home benefits from having one allocated parking bay.

Financial Breakdown:

Full market value: £400,000
25% share value: £100,000
5% deposit: £5,000
Rent charged on un-owned share: 2.75%
Rent on un-owned share (75%) £688
Estimated monthly service charge: £52

Set in the quaint Sussex village of Plumpton Green, just a stone’s throw from the rolling hills of the South Downs National Park, Rectory Meadows will comprise a luxury collection of residences to suit every type of buyer, whether that be first-time homeowners, expanding families or downsizers.

Plumpton Village is home to a school, village shop, a church and two pubs. The mainline train station offers regular services to Brighton, Eastbourne, Gatwick Airport & London.

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change


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