Modern Shared Ownership flat near Hove centre with balcony and parking.
25% Shared Ownership option — 25% share price £110,000
A smart two-bedroom new-build apartment in Lyon Quarter, offered through Shared Ownership from a 25% share (£110,000). The flat occupies 66.8m² (approx. 719 sq ft) and delivers contemporary open-plan living with integrated kitchen appliances, a private balcony and an allocated parking space — move-in ready for buyers wanting a city-centre base close to Hove’s shops, bars and transport links.
Shared Ownership reduces the initial outlay and allows staircasing up to 100%. Expect monthly rent on the unsold share (example rent shown for a 25% share) plus a service charge of £186.19. The home is leasehold with c.990 years remaining and is part of a car-free development (residents cannot apply for street parking permits), though this apartment includes a designated parking space.
Be aware of material considerations: this is a leasehold Shared Ownership property, so you’ll pay rent and service charges alongside mortgage payments. Local crime levels are above average and council tax banding is yet to be confirmed. The development is largely sold (around 70% released homes sold), so immediate occupancy is possible but availability is limited.
This listing will suit first-time buyers seeking lower upfront costs, modern finishes and easy access to Brighton and Hove amenities. If you value a contemporary, low-maintenance home with the option to buy more equity later, this apartment offers a pragmatic city-living solution.
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