Summary - ST MARYS SCHOOL, WRESTWOOD ROAD TN40 2LU
2 bed 1 bath Terraced
Affordable first-step home with garden and parking in coastal Bexhill.
- 25% share purchase price £75,000 of £300,000 market value
- Two double bedrooms, approx 851 sq ft, new-build condition
- Private rear garden and allocated off-street parking
- Leasehold shared ownership; 124 years remaining on lease
- Rent on unsold share example £515.63 pcm (75% unowned)
- Estimated service charge £400.98 pa (approx £33.42 pcm)
- Broadband speeds reported slow despite excellent mobile signal
- Council tax band not provided; confirm before purchase
A modern two-bedroom shared-ownership home in Bexhill-on-Sea, offered from a 25% share at £75,000 of a £300,000 market value. The property is a new-build, semi-detached style home with a contemporary open-plan kitchen-diner, private rear garden and allocated off-street parking — practical features for first-time buyers moving towards full ownership.
The layout includes an entrance hall, living room, downstairs WC, under-stairs storage, two double bedrooms and a family bathroom across approximately 851 sq ft. The lease has 124 years remaining and the current shared-ownership model charges rent on the unsold 75% (example rent shown £515.63 pcm). Service charges are modest (estimated £400.98 pa / £33.42 pcm).
Important practical points: broadband speeds in the area are reported slow despite excellent mobile signal, council tax band is not stated, and the property is leasehold with shared-ownership restrictions. Flood risk is nil and the wider area is relatively affluent with good access to town centre amenities, rail links and seafront leisure.
This is a sensible step-on-the-ladder option: lower upfront cost and the ability to staircase later. Buyers should budget for rent on the unsold share, regular service charge payments, and confirm mortgage availability for shared ownership with lenders before committing.
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