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New 2 Bedroom House available with Shared Ownership
Bonnet Lane is part of a new community in Burgess Hill, West Sussex.
Built to a high specification, this two-bedroom home has been designed with a contemporary interior and excellent storage throughout, while providing allocated parking and a South West facing garden – perfect for enjoying the best of summer.
Price breakdown:
• Minimum share: 35%
• Minimum share value: £117,250
• Full market value: £335,000
• Service charge & fees: £67
• Rent on un-owned share: £499 per month
• Deposit required: £5,862.50
Key Features:
• Integrated appliances
• Paved patio area
• Turf to rear garden
• Allocated parking
• 12 Year NHBC Warranty
Bonnet Lane is part of a new community in Burgess Hill, West Sussex.
Built to a high specification, this two-bedroom home has been designed with a contemporary interior and excellent storage throughout, while providing allocated parking and a South West facing garden – perfect for enjoying the best of summer.
Located on a 19-hectare area of natural space, you’re perfectly placed to enjoy leisurely walks via new footpaths complementing the communal areas. Burgess Hill itself has a variety of amenities including shops, leisure centre, children’s playgrounds and a cricket green with pavilion.
When you’re ready to head further afield, Burgess Hill provides convenient access to coastal towns including Brighton, Hove and Eastbourne, as well as London via nearby train stations.
This Shared Ownership home at Bonnet Lane will be ready to move into from Late Summer/Early Autumn 2021
What is Shared Ownership?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home – this is usually between 25 to 75 percent of the value of the property – and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).*
Eligibility criteria:
To be eligible for a home at Bonnet Lane, you’ll need to:
• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase
If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information
