Lyon Close, Hove, Brighton, BN3 1RX

Property Details: • Type: Apartment • Tenure: N/A • Floor Area: N/A

Key Features: • Available through Shared Ownership from 25% - 75% • Communal gardens • Integrated kitchen appliances • City centre location • Good transport links • Nearby entertainment & leisure facilities • Block C is now ready to reserve! • Carry on buying shares up to 100% • Private balcony • 50% SOLD on released homes

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Lyon Close, Hove, Brighton, BN3 1RX

Full Description: Discover Lyon Quarter

New Shared Ownership Properties for Sale in Brighton and Hove - NOW AVAILABLE!

Lyon Quarter is a new neighbourhood located in sought after Brighton & Hove. These Shared Ownership homes in Brighton and Hove offer a stylish selection of studio, 1, 2 & 3 bedroom apartments.

Key features:

- 2nd floor, 1- bedroom apartment - Private balcony - Contemporary open plan kitchen/living area - Integrated oven with ceramic hob - Sleek handless gloss cabinets in pearl grey - Integrated fridge freezer and dishwasher included - Decorated white matt finish throughout - Carpet and flooring provided throughout - Access to landscaped communal gardens - City centre location - Good transport links - Lift in block

Designed to suit you, Lyon Quarter is only 15 minutes from the beach and close to a vast selection of the restaurants and bars in the centre of Hove.

Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.

*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.

Other information:

- Full purchase price: £330,000 - 25% share price: £82,500 - Monthly rent based on 25% share: £ 567.19 - Monthly service charge: £136.72 - Minimum share initially available: 25% - Maximum share initially available: 75% - Staircasing to 100% allowable - Tenure: Leasehold - Years remaining on lease: 990 years - Council tax band: TBC new build - Apartment type: Type 08

Why not give Guinness Homes a call today and speak to our dedicated sales consultant and find out how Shared Ownership can work for you.

*Please note images are of our show home

What is Shared Ownership?

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest - Guinness owns part of it - but you're living there, you decorate it and decide when the time is right to sell for you.

Buying a percentage typically means a smaller deposit and a smaller mortgage based on the share price you purchase. In addition to mortgage repayments, you will also pay rent on the share you don't own and a service charge. Examples of these payments can be found below in 'Important Information'.

The first part of the application process is a free affordability assessment with one of Guinness' expert mortgage brokers. They will determine your share price and give you a detailed breakdown of the monthly costs you can expect with your purchase.BrochuresLQ BrochureFull Details