£88,000

14 Cedar Avenue

1 bedroom Apartment

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Development overview
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Location

14 Cedar Avenue

Cedar Avenue, Haywards Heath, West Sussex , RH16 4UQ

One bedroom
Coach house
Garage
Private Garden

Open plan living
Well presented
Great condition

Full description
This good sized one-bedroom, coach house is now available for Shared Ownership purchase for a 40% share at £88,000 Located a short distance from Haywards Heath this property come with a garage/ car port and a private garden and is ideal for a first home. A local connection to Haywards Heath applies for any prospective buyers.

Purchase breakdown

Shared ownership - minimum share of 40% at £88,000
Monthly rent of £368.83
Monthly service charge of £62.10

(within this financial year (ending 31 March 2027) - subject to final confirmation)

Council Tax Band - B

EPC - C

Local connection to Haywards Heath applies.

Please note, all suitable applicants will have to meet the local authority's (Mid Sussex) nominations approval as this development has a live and work connection.

Kitchen

2.64m (max) x 2.78m
8'7" x 9'1"

Living / Dining room
2.84m x 5.9m
9'3" x 19'4"

Bedroom
3.38m (max) x 4.08m
11'1" (max) x 13'4"

Total floor area: 55 metres square / 592 sq ft

£88,000

Shared ownership

Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.

Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.

Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.

Am I eligible?

Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.

Remember you will also have to pay household bills including council tax, gas, electricity and water.

Downloads

Key Information Document

DOCX 29 kB

Guide to Buying a Resale Shared Ownership Property

PDF 851 kB

EPC - 14 Cedar Avenue

PDF 176 kB

Location

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Contact us

If you'd like to find out more about a property, please email [email protected] or call 01403 226060.

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