4 bed detached house for sale

Wrestwood Parade, Bexhill-On-Sea, East Sussex TN40

The Gateway blends coastal living and the convenience of urban amenities with excellent schools, transport links and a range of shopping outlets right at your doorstep.

This exciting new housing development is on the outskirts of the charming East Sussex seaside town of Bexhill-on-Sea, known for its history, architecture and stunning coastal views.

The Iris is a superb, detached home boasting an enviable amount of kerb side appeal available on the shared ownership scheme.

The front door opens into a wide and inviting hallway from there you can enter the generous separate living room - this is an ideal room to relax at the end of a busy day. Moving back into the hallway you will see the study, equally suited for work or as a hobby or children’s playroom.

The open plan kitchen with dining and family area is a fantastic space for mealtimes and entertaining with friends. There is ample space for a dining table and chairs as well as additional comfy seating. Enjoy the luxury of the enclosed utility room which has an external doorway.

Upstairs, you will be impressed by the open and airy landing giving access to four bedrooms. All bedrooms have space for wardrobes and additional storage areas while bedroom one has an ensuite.

Five minutes away is the Ravenside Retail and Leisure park, comprising of 13 big name stores. To cater for even the most avid shopper there is the Priory Meadow shopping centre in Hastings. For the weekly shop your spoilt with choice with Tesco, M&S, Aldi and Lidl.

Bexhill is served by the A259 which is the coastal road between Folkestone and Brighton. There are three nearby railway stations; Cooden Beach, Collington and Bexhill, with regular trains running between Ashford and London. The town benefits from several bus routes connecting it to nearby Hastings, Battle, Eastbourne and various central locations. Just over an hour away is the Shuttle, the Channel ferry ports and Gatwick Airport.

Financial Breakdown:
Full market value: £535,600
35% share value: £187,460
5% deposit: £9,373
Monthly Rent on un-owned share (65%) £797.82

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information.
O Please note images used in this listing are for illustration purposes and are not exact to the property.
O Council Tax band to be determined.