New-build shared ownership one-bed with balcony, near Hove centre and the seafront.
Private balcony with contemporary open-plan kitchen living area
New-build one-bedroom with 990-year lease and integrated appliances
Shared Ownership from 25% (£82,500) with staircasing allowed
Service charge £136.72 pcm; factor into monthly costs
Car-free development — parking permits restricted, check options
Area records above-average crime; consider security and insurance
Access to landscaped communal gardens and lift in block
Lyon Quarter Plot 91 is a contemporary one-bedroom apartment offered via Shared Ownership in central Hove, walking distance to bars, restaurants and the seafront. The open-plan living space, integrated kitchen appliances and private balcony suit first-time buyers seeking a low-entry route onto the property ladder. The home is new-build with a long 990-year lease and the option to staircase to 100% ownership.
Practical running costs are clear: a 25% share is priced at £82,500 (full value £330,000), with monthly rent and a service charge payable. The apartment benefits from access to landscaped communal gardens and a lift-served block, and the internal finish is contemporary throughout with gloss cabinets and integrated white goods included.
Important drawbacks are factual and material: the development operates a car-free planning policy that restricts parking permits, so vehicle owners should confirm parking options before committing. The area records above-average crime levels, and buyers should factor monthly rent (on unsold share) and a service charge of £136.72 into affordability calculations. Shared Ownership eligibility and exact monthly costs should be confirmed with a financial adviser or mortgage broker.
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