Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Wellington House, Bexhill-on-Sea, TN40 2FH, 2 bed homes


Auckland Close, London, Rother, TN40 2FH

Shared ownership

Starting prices

30% share from
£46,500
Full price
£155,000
Monthly rent
£222
Monthly service charge
£125

Overview

The current market value is £155,000 for 100%. The minimum 30% share available is priced at £46,500, current rent payable £221.53 pcm, rent is subject to annual reviews. Service charges are currently £124.72 pcm.

 

Viewings by appointment only. Please contact the vendor to arrange –

Kevin & Claudine McEwan

Telephone: 07432500441/07460486922

Email: kevinmcewan1@hotmail.com

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to jan.boyle@optivo.org.uk  020 803 62837.

 

Application forms need to be returned to Optivo by 23 August 2019

 Please note though that if a high volume of applications is received, the deadline might be brought forward.

 


Local area information

The property is situated within a residential street located within Bexhill-on-Sea. The property is approximately 1.5km North of Bexhill Railway Station, served by the Southern line. Other amenities include Bexhill Hospital, St Marys School and College and Sidley Medical Practice. Within the general locality most usual amenities and facilities are available


Housing Provider

Optivo (Resales)
Shared ownership

Starting prices

30% share from
£46,500
Full price
£155,000
Monthly rent
£222
Monthly service charge
£125