Flat for sale in Sutton Avenue, Seaford BN25

£92,000
Interested in this property? Call +44 1323 916727 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
40%
Shared ownership rent:
£294.3 per month
Time remaining on lease:
113 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
B
Shared ownership details:
Not available

Property features

  • Selling 40% share with the remainder owned by the Guinness Partnership
  • Two bedroom first floor apartment
  • Open plan kitchen and sitting room
  • Modern bathroom
  • 125 years from 1 April 2012
  • Located approximately half a mile of Seaford town centre, railway station and seafront
  • Approximately a third of a mile from Seaford Head secondary school and Micklefield Nursey
  • Gas fired central heating
  • The monthly rental charge for the share owned by The Guinness partnership is £294.30 and the monthly service charge is £86.23. The lease is for 125 years from 1st April 2012.
  • The asking price of £92,000 is 40% of the total value being £230,000

Property description

An opportunity to acquire a 40% share of this two-bedroom first-floor apartment, converted in 2012. The property is located approximately half a mile from Seaford town centre, the railway station, and the seafront.

The accommodation comprises two bedrooms, an open plan kitchen/sitting room, and a modern bathroom.

An internal inspection is advised to appreciate the space on offer.

The monthly rental charge for the share owned by The Guinness partnership is £294.30 and the monthly service charge is £86.23. The lease is for 125 years from 1st April 2012.

As required by the Guinness Partnership to qualify for a shared ownership property the buyers must:
- Be at least 18 years old
- Have an cumulative annual household income of less than £80,000
- Be first time buyers or if they do already own a home, they must be in the process of selling it
- Be able to demonstrate that they have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
- Satisfy the affordability assessment carried out by an approved Mortgage Broker, using no more than 45% of their net monthly income (minus commitments) on their housing costs.

Entrance

Communal hall with stairs to all floors.
Entrance door to:

Apartment 3

Entrance hall
Radiator. Video entry phone system. Two store cupboards with one housing the electric consumer unit.

Open plan kitchen/sitting room


Bay ash windows to front. Radiator. Wall and base units with work surface incorporating one and a half bowl sink and drainer. Space for washing machine and upright fridge freezer. Four ring gas hob with cooker hood above and electric oven below. Tiled splash back. Wall mounted gas fired boiler.

Bedroom one


Two windows. Fitted wardrobe. Radiator.

Bedroom two


Radiator. Window to side. Fitted wardrobe.

Bathroom


Panelled bath with mixer tap and shower attachment. Close coupled wc, wash basin and heated towel rail. Tiled walls and floor. Window.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
David Jordan Estate Agents, BN25 on +44 1323 916727 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by David Jordan Estate Agents, and do not constitute property particulars. Please contact David Jordan Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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