FANTASTIC HOME IN THE TOWN CENTRE - IDEAL FOR FIRST TIME BUYERS OR ANYONE LOOKING TO DOWNSIZE TO THE SEA!

Miles and Barr are pleased to offer 50% SHARED OWNERSHIP of this one bedroom third floor purpose built apartment with lift access. The property is situated in the popular block of Jarrett House in Sandgate Road which is just moments from the seafront and the Leas as well as offering easy access to the shops and restaurants. The accommodation comprises lounge/diner with bright bay windows, double bedroom with stunning views, kitchen and modern shower room. In addition the property boasts full double glazing & plenty of built in storage.

MATERIAL INFORMATION
Length of lease : 99 Years from 1 January 1989 - Vendor is extending lease by 90 years so will be 157.
Monthly rent for shared ownership amount : £107.86
Ground rent review period : TBC
Monthly service charge amount : £136.40
Service charge review period : TBC
Council tax band : B
Shared Ownership: The shared ownership scheme is managed by Sanctuary Housing, any interested buyer must speak to them before their offer is accepted and meet their criteria. Shared ownership properties are intended to provide accommodation for people in housing need, for first time buyers or for those who wish to get onto the property ladder and the criteria for applicants are as follows:-

1.The buyer is in need of accommodation.
2.The buyer’s income is sufficient to purchase the property and is adequate to meet its future outgoings.
3.The buyer must not own another property
4.The buyer must meet any S106/local connection criteria (if applicable).