* Leasehold
* Guideline Minimum Deposit £9, 000
* Guideline Income £49. 5k (dual) £56. 7k (single)
* Ground Floor with Balcony
* Approx. 741 Sqft Gross Internal Area
* Very Good Energy - Efficiency Rating
* Parking Space within Gated Car Park
* Quiet, Courtyard - Facing Aspect
* City Centre/Station/Beach Easily Accessible
Shared ownership (Advertised price represents 25% share. Full market value
£360, 000). A stylishly - presented and exceptionally - spacious one - bedroom
apartment in this recently - constructed development. The property has a
reception room with wood flooring, a sleek, open - plan kitchen and a large,
sliding door that leads out to a balcony facing the eponymous and neatly -
maintained courtyard. The bedroom features two Juliette balconies and there is
an attractive, generously - sized shower room. Modern insulation standards, high
performance glazing and underfloor heating fed by a communal hot water system
have resulted in a very good energy - efficiency rating. The development has a
gated car park which includes a space for this apartment. Victoria and Valley
Gardens are just minutes away and the city centre, railway station and beach
are all easily accessible.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(Please note the minimum income and deposit requirements for eligibility. You
do not need to request a viewing separately once you have completed the
application form. )
_Housing Association: _ Clarion.
_Tenure: _ Leasehold (125 years from 2019).
_Minimum Share: _ 25% (£90, 000). The housing association will expect that you
will purchase the largest share affordable.
_Shared Ownership Rent: _ £688. 13 per month (subject to annual review).
_Service Charge: _ £344. 37 per month (subject to annual review).
_Ground Rent: _ £100. 00 for the year.
_Guideline Minimum Income: _ Dual - £49, 500 Single - £56, 700 (based on minimum
share and 10% deposit).
_Council Tax: _ Band B, Brighton & Hove City Council. Priority is given to
applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing
association does not warrant to carry out any remedial or redecoration work of
a cosmetic nature unless specifically advised in writing. As a general rule,
fitted domestic appliances are included in the sale; non - fitted appliances are
not. If you require confirmation, you must request this in writing from Urban
Moves. The information in this document supersedes any information given
verbally either in person or by telephone. Pets not permitted (except
assistance animals).
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Ground Floor
Entrance Hallway
28' 0" x 6' 4" max. (8. 53m x 1. 93m)
Shower Room
11' 2" max. X 10' 3" max. (3. 40m x 3. 12m)
Bedroom
16' 4" x 10' 4" (4. 98m x 3. 15m)
Reception
18' 3" x 15' 9" (5. 56m x 4. 80m)
Kitchen
included in reception measurement
Balcony
9' 1" x 5' 4" (2. 77m x 1. 63m)

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