Summary - Yarrow Place, Stone Cross, Pevensey, BN24 5GG BN24 5GG
1 bed 1 bath Flat
Affordable modern flat for first-time buyers near train links and seaside.
35% Shared Ownership available — share price £66,500
Rent + service charge c. £427.41 monthly
Lease: 125 years from 2018 (approx. 118 years left)
Built 2018; newly renovated and well presented
Compact 428 sq ft one-bedroom ground-floor flat
Allocated off-street parking close to entrance
Above-average service charge (annual £5,132.52)
Eligibility and affordability checks required for buyers
A modern, purpose-built ground-floor apartment ideal for a first-time buyer seeking an affordable entry on the south coast. Built in 2018 and recently refreshed, the one-bedroom flat offers an open-plan living area, contemporary kitchen with integrated appliances, and allocated off-street parking close to the building entrance.
The property is being offered on a 35% Shared Ownership basis (share price £66,500). Monthly rent and service charge combined are approximately £427.41; the full asking price is £190,000 for context. The 125-year lease started in 2018, leaving about 118 years remaining, and the flat is chain-free subject to Shared Ownership eligibility and affordability checks.
Practical points are clear: this is a compact 428 sq ft home with modern fittings and gas central heating via boiler and radiators. Service charges are above average, and the property is best suited to someone who meets Shared Ownership criteria (no other property on completion; household income cap £80,000). Local conveniences, a nearby train station and easy road links to Pevensey, Polegate and Eastbourne make it well placed for commuting and seaside access.
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