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Oakhurst

Freeks Farm, off Maple Drive, Burgess Hill, RH15 8DL
Shared Ownership

Oakhurst

Freeks Farm, off Maple Drive, Burgess Hill, RH15 8DL

Register your interest

From £91,000 for a 35% share
With min. deposit £4,550

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£91,000

1 Bedroom Flat

£101,500

2 Bedrooms Flat

£101,500

2 Bedrooms Flat

£101,500

2 Bedrooms Flat

£101,500

2 Bedrooms Flat

£101,500

2 Bedrooms Flat

£101,500

2 Bedrooms Flat

£134,750

2 Bedrooms Semi-detached house

Property Number 146 154 150 156 158 151 147 390
Availability FOR SALE FOR SALE FOR SALE FOR SALE FOR SALE FOR SALE FOR SALE FOR SALE
Advertised Share 35% 35% 35% 35% 35% 35% 35% 35%
Full Market Price £260,000 £290,000 £290,000 £290,000 £290,000 £290,000 £290,000 £385,000
Deposit From £4,550 £5,075 £5,075 £5,075 £5,075 £5,075 £5,075 £6,738
Monthly Rent £388 £432 £432 £432 £432 £432 £432 £574
Monthly Mortgage Cost £451 £503 £503 £503 £503 £503 £503 £667
Monthly Service Charge £142 £148 £148 £148 £148 £148 £148 £61
Estimated Monthly Cost £982 £1,083 £1,083 £1,083 £1,083 £1,083 £1,083 £1,302
Bedrooms 1 2 2 2 2 2 2 2
Bathrooms 1 1 2 1 1 2 1 1
Number Of Floors 1 1 1 1 1 1 1 1
Tenure Leasehold Leasehold Leasehold Leasehold Leasehold Leasehold Leasehold Leasehold

Oakhurst

Freeks Farm, off Maple Drive, Burgess Hill, RH15 8DL

Overview

2 bedroom homes & 1 & 2 bedroom apartments now available, register your interest now!


Situated on the Countryside Homes development, this stunning selection of two and three bedroom Shared Ownership properties are available to purchase in the popular town of Burgess Hill which is situated in the midst of the beautiful Sussex Countryside. The town offers a range of things to see and do yet is still situated within an hour’s train journey to London. 

LOCAL ELIGIBILITY CRITERIA APPLIES - 1. You live within the Local Area at an address registered for Council Tax 2. You have permanent employment within the Local Area 3. You have a close relative(s): ie, Mother, Father, Children or Siblings who have resided in the Local Area for a minimum of 5 years with whom you have maintained regular contact with.

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

  • 11 mins From Burgess Hill to Brighton
  • 17 mins From Burgess Hill to Gatwick
  • 52 mins From Burgess Hill to London Victoria
  • 5 mins Lidl
  • 6 mins Wivelsfield Train Station
  • 9 mins Co-op food
  • 30 mins Brighton
  • 5 mins Recycling centre
  • 5 mins Market place shopping centre

Key Features

  • Allocated parking
  • Flooring throughout
  • Three piece bathroom with shower over bath
  • Integrated oven, hob and extractor
  • Brand-new Shared Ownership properties
  • Sought-after location

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.

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