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1 bedroom apartment for sale

Peacocke Way, Rye, East Sussex TN31 7FD

Removed £40,750

Property Description

Full description

Tenure: Leasehold

ROOMS Communal entrance, Hall, Sitting/dining room, Fitted kitchen, Double bedroom, Bathroom,Double glazed, Gas central heating, EPC rating B, Designated parking space, Communal rear garden.

NOTE In addition to the purchase price, monthly rent and service charges are payable. 

LOCATION A modern second floor apartment available on a part buy/part rent scheme with Orbit Homes. The property forms part of the Valley Park Development which is located towards the outskirts of the Ancient Cinque Port Town of Rye, renowned for its historical associations, medieval fortifications, and fine period architecture. As well as its charm and history, the town has an extensive range of shopping facilities, smaller retail units, guest houses, cafes and art/antique galleries and an active local community, with the arts being strongly represented. Rye Festival is held annually. From the town there are local train services to Brighton and to Ashford with high speed connections to London St. Pancras in 37 minutes and to the Continent.  

IMPORTANT INFORMATION Shared Ownership: If outright purchase is not an option for you, this scheme offers an alternative to renting. Subject to meeting the criteria, you can buy an initial share in the property that you can afford, of not less than 25% of the full market value, thereby helping you into home ownership in manageable stages. You then pay a subsidised rent on the remaining share that Orbit Housing Association still own. The combined monthly cost of mortgage and rent will normally be less than if you were purchasing the property outright. In the future you can sell your share for its value at the time or alternatively you can purchase further shares in the property. Further details upon request.
Full market value: £163,000
Share available: From 25%
Current monthly service charge: £166.53 (including management charge and ground rent fees.)
Current monthly rent: £243.97


GROUND FLOOR Communal entrance.
Entry phone. Stairs to second floor.

Sitting/dining room. Two windows to the side. Wide opening to kitchen. Window to front. A range of base units, cupboards and drawers with matching wall units, Laminate work tops, Inset sink unit, Space and plumbing for washing machine and dishwasher. Inset 4 burner gas hob with stainless steel splashback and built in oven beneath. Space for fridge freezer.
Bedroom Window to side and rear aspect. Fitted double wardrobe cupboard.
Bathroom. Skylight to side. White fitments comprising a panelled bath with a shower above, a pedestal wash basin and a close coupled WC. Part tiling to walls.

OUTSIDE One designated parking space to the front of the building. Communal garden to the rear. 

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
06 June 2016


Map & Street View

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