4 Montreal Close

2 bedroom homes in Peacehaven, Wakefield City, BN10 8FH

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Bedrooms 2
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

A modern and well presented two bedroom, first floor apartment offering open plan living, situated in a popular and convenient location in Peacehaven. 

Local area information

The delightful town of Peacehaven is located above the picturesque chalk cliffs of the South Downs, the pebble beach below is perfect for walking and fishing. 

The local Meridian shopping centre boasts a variety of shops including butchers, barber and ironmonger as well as a supermarket. A local mini market selling local crafts, vegetables and fruit is open weekly every Friday and Saturday.

Closeby you will find a leisure centre, library, two dentists, a GP surgery, pharmacy and an array of cafes, restaurants and bars.

The local Centenary Park is within walking distance and offers a beautiful space to relax and unwind with play areas for children.

The apartment offers excellent bus routes to Brighton/Eastbourne and towns in between including Newhaven for train links.

Status Plot No. Floor Beds Min share price Eligibility
Reserved 4 first 2 £84,000 View details

FAQ's

Prices are not available yet for 4 Montreal Close but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for 4 Montreal Close but you can register your interest to be notified when prices become available.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

4 Montreal Close

2 bedroom homes in Peacehaven, Wakefield City, BN10 8FH

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Bedrooms 2
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes