1 Bed Apartment For Sale

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 bedroom apartments.





This development is car-free, meaning residents cannot apply for parking permits or use street parking nearby unless they purchase a home with a designated parking space. This policy complies with Local Authority planning conditions and cannot be changed by Guinness. Speak to Lyon Quarter's Sales Consultant for more information.



Key features:



- 4th 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

- Car-free development





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.



Other information:



- Available to reserve now!

- Full purchase price: £335,000

- 25% share price: £ 83,750

- Monthly rent based on 25% share: £575.78

- Monthly service charge: £139.42

- 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

- Size: 50.44 sq.m.

- Apartment type: Type 07



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.



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.





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.



*Images are CGI. Items featured are for illustrative purposes, adhering to the terms of the lease, include fire safe-complaint furnishings and/or are brought inside after use



**Speak to the sales team for further information.