BN3 1RX - 1 bed bright shared ownership studio in Hove, BN3 1RX

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1 bedroom apartment for sale in Lyon Close, Hove, Brighton, BN3 1RX, BN3

Summary - Plot 01, Hove, East Sussex, BN3 BN3 1RX

1 bed 1 bath Apartment

Live-work flat near the city with balcony, parking and a private workspace.
• Private balcony and allocated off-street parking included
• Open-plan living with integrated kitchen appliances
• Separate dedicated commercial workspace (Use Class E)
• Shared Ownership from 25% (full price £312,500)
• Service charge c. £1,188.24 per year (c. £99.02 pcm)
• 990-year lease; staircasing up to 100% allowed
• Development largely car-free; street permits restricted
• Local area: fast broadband, excellent mobile signal, above-average crime
A bright, new-build one-bedroom studio apartment with a private balcony and an included allocated parking space. The open-plan kitchen/living area features integrated appliances and modern gloss cabinetry, while large doors deliver good natural light and access to landscaped communal gardens. The property also includes a dedicated commercial workspace (Use Class E), offering genuine live/work flexibility for a small business, creative studio or home office.

Offered through Shared Ownership from a 25% share (£78,125 of a full price £312,500), this home is designed for buyers seeking a lower deposit route into Brighton & Hove city-centre living. The lease extends to 990 years, and staircasing up to 100% ownership is permitted. The development is largely car-free in line with planning conditions, though this apartment includes one allocated parking space.

Important practical points: the annual service charge is approximately £1,188.24 (c. £99.02 pcm), and shared-ownership purchasers will pay rent on the unsold share in addition to mortgage payments. The development is popular and 70% of released homes have already sold, so availability is limited. The local area has fast broadband and excellent mobile signal but records above-average crime levels, which some buyers may consider.

This property suits a first-time buyer or a professional seeking an affordable city-centre base with space for running a small business. It is ready to move into now, but as a new build the images are representative CGIs and appointments are advisable to confirm finishes on viewing.

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