Flat for sale in Shoreham-by-Sea BN43, 2 Bedroom

Google: "Caravel Court" to find out more!

Caravel Court by Southern Home Ownership is a lovely collection of one, two and three bedroom apartments located in the harbour town of Shoreham-by-sea, available on a Shared Ownership basis.

For most people, the idea of living in a prime coastal location, close to an historical riverbank and surrounded by all the facilities you need for a modern lifestyle, is a distant dream. For residents at Caravel Court, Shoreham-on-Sea, it's exactly what you can expect.

Living areas are open planned, light and spacious, while décor is attractive and understated. Every home boasts its own balcony where you can breathe in the fresh air. If you love the idea of riverfront living, Caravel Court is a once in a lifetime opportunity.

Price breakdown:
Full value: £290,000
Share: 30%
Share value: £87,000
Monthly Mortgage*: £489
Monthly Rent**: £465
Monthly Service Charge Estimate: £130

The mortgage rate is based on a 95% repayment loan over 25 years at an interest rate of 5% (this assumes you will be paying a 5% deposit). This figure is a guide only - you must obtain advice from a qualified advisor.**The monthly rent is calculated at 2.75% per annum of the value of the share that you don't purchase. Prices are based on a valuation carried out by a RICS qualified surveyor (valuations are subject to review at least every three months).