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    Plot 5

    • Apartment
    • 2
    • Balcony

    At the beautiful development of Lyon Quarter, Hove, this high specification two bedroom apartment is available to buy through Shared Ownership. Situated around all that Brighton and Hove have to offer, our properties provide you with the perfect place to call your home.

    • Monthly rent based on 25% share
    • Share initially available: 25-75%
    • Staircasing to 100% allowable
    • Parking: Available at an additional cost
    • Tenure: Leasehold
    • Years remaining on lease: 990 years
    • Council tax band: TBC new build
    • Size: 72.6 sq. m. 782.64 sq. ft.
    • Ready to move in this Spring (Subject to change) 
    Show Home Coming Soon!
    £105,000 25% share of £420,000
    Est. monthly costs £1,532.73*
    • Monthly rent £721.88
    • Service charge £198.30
    • Mortgage £612.55
    • *Est. monthly costs: Including Mortgage calculated using a representative rate of 5.5%, Rent and required Service Charge. These values are to be used for research purposes only.

    Floorplans

    Kitchen / Living / Dining Area

    5.90m x 4.60m
    19' 4" x 15' 1"

    Bedroom 1

    4.00m x 3.30m
    13' 1" x 10' 10"

    Bedroom 2

    4.00m x 3.00m
    13' 1" x 9' 10"

    Specification

    • Contemporary handless gloss pearl grey cabinets
    • Antique steel worktops
    • Plaza cashmere units with aged copper worktops*
    • Glass splashback in pewter
    • Indesit electric single built-in fan oven
    • in stainless steel
    • Indesit 4-ring ceramic hob
    • Indesit integrated cooker hood
    • Indesit integrated fridge/freezer
    • Indesit integrated dishwasher in white
    • Single lever tap in chrome
    • Single sink & drainer in stainless steel

    *Applicable to accessible units only.

    • Absolute white to hallway, living room, bedroom and kitchen walls
    • Pure brilliant white to ceilings and coving
    • Ladder style internal doors in painted white gloss with a satin finish
    • White PVCu windows with white gloss window boards
    • White ash Amtico flooring to living room and kitchen
    • Neutral greige carpet to bedrooms
    • Light stone natural tiling to main bathroom and en suite
    • Woodland grey polyflor to wet rooms*

    *Applicable to accessible units only.

    Private Balcony
    Communal Gardens

    Monthly Costs Calculator

    £25
    £5
    25 years
    5.5%
      Estimated monthly payment

      Guinness Homes are not financial advisors, and this tool is to be used for research purposes only. Please contact a mortgage broker to discuss your finances.

      What is Shared Ownership?

      Learn more about how the Shared Ownership scheme works

      Read More A young female sat and using her laptop
      What is Shared Ownership?
      Shared Ownership is a way to buy your home if you otherwise couldn't afford to on the open market. You buy a share percentage of the home, which is usually 25-75%, pay a subsidised rent on the remaining share and pay a service charge. It's an ideal scheme for first-time buyers looking for a more affordable housing option to get on the property ladder. Click 'read more' to find out more about Shared Ownership.
      Am I eligible for Shared Ownership?
      To qualify for Shared Ownership, individuals must be over 18 years old and residents in the UK. There is a household income threshold. You must have a household income threshold of less than £80,000, but this increases to £90,000 if you buy a home in London.
      Can I buy more shares?
      Yes, you can buy more shares at a later date after you purchase your home. This is known as 'staircasing' and the amount your increase will depend on how much you can afford. Buying more shares will reduce future rent payments. Eventually you could own 100% of your home.
      How much deposit do I need?
      This depends on the full market value of the property and the size of the share you are purchasing, your mortgage lender and your credit rating. The benefit of Shared Ownership is that the deposit required will be significantly lower than if you were purchasing the property outright because you only need a deposit on the share you are buying. You should expect to have at least 5% deposit saved. Your mortgage advisor will tell you the exact amount of deposit you need. You can contact one of our panel of mortgage brokers to get a Mortgage in Principle.