Meadowbourne Place
Register your interest
Click to filter
|
1 Bedroom Semi-detached house |
2 Bedrooms Semi-detached house |
3 Bedrooms Detached house |
|---|---|---|---|
| Property Number | 377 | 396 | 383 |
| Availability | FOR SALE | FOR SALE | FOR SALE |
| Advertised Share | 50% | 50% | 50% |
| Full Market Price | £200,000 | £310,000 | £370,000 |
| Deposit From | £5,000 | £7,750 | £9,250 |
| Monthly Rent | £230 | £356 | £424 |
| Monthly Mortgage Cost | £495 | £767 | £916 |
| Monthly Service Charge | £64 | £70 | £73 |
| Estimated Monthly Cost | £790 | £1,193 | £1,414 |
| Bedrooms | 1 | 2 | 3 |
| Bathrooms | 1 | 1 | 1 |
| Number Of Floors | 1 | 1 | 1 |
| Tenure | Leasehold | Leasehold | Leasehold |
|
|
|
|
Meadowbourne Place
Overview
Brand new 1, 2 & 3 bedroom homes available with Shared Ownership.
Register your interest today!
Meadowbourne Place is a brand new development presenting a selection of two and three bedroom semi-detached houses. This prime development is located in the highly sought-after village of Lower Willingdon in the idyllic area of East Sussex. Here you can combine the outdoors with home life as the beach is a stones throw away and the local Eastbourne offers a selection of great local amenities to suit everyone.
Please note these photos are for information purposes only and may not represent a true likeness for the units being sold. They have been taken from another development of similar style houses and been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
Travel Times
- 9 mins From Polegate to Eastbourne
- 1hr 22 mins From Polegate to London Victoria
- 9 mins Tesco Epress
- 10 mins Local Play area
- 6 mins Eastbourne Hospital
- 11 mins Eastbourne Beach
- 15 mins Seven Sisters Cliffs
Key Features
- Semi-detached homes
- Brand-new Shared Ownership home
- Sought-after location
- Close to local amenities
- Rear garden
- Flooring throughout
FAQs
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
The eligibility criteria for Shared Ownership is simple; as long as you don't currently own, or won't own another property when you move in to a new home, you're likely to qualify.
Your annual household income (that's both yours and your partners' if buying together) can't exceed £80,000 (or £90,000 in London) and you'll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.
There's no fixed minimum income; you just need to be able to afford to buy the home and the monthly costs - this will be established via an affordability.
No - the scheme is designed to help people buy a suitably sized home that they cannot afford to buy otherwise. That typically means first time buyers, but if you've owned a home before and are selling, perhaps due to a divorce or needing to buy a bigger home, and cannot afford to buy, you might be eligible for Shared Ownership.
Affordability Calculator
Disclaimer
The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 5.50% over a 35-year repayment loan. Other costs will apply such as service charge. Sage Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.