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PORTSLADE – THE NEW PROPERTY HOTSPOT FOR BRIGHTON-LOVERS
There’s no doubt the village is experiencing a boom with residents opting for practicality over bright lights. Its fantastic transport links – you can get to London Victoria in an hour – and close proximity to excellent schools and childcare providers, makes the area attractive to commuters and families alike.
And thanks to Hyde New Homes’ new shared ownership development, St James Square (hydenewhomes.co.uk/st-jamessquare), becoming part of this up-andcoming coastal community has never been easier.
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Discovering St James Square
Promising desirable waterfront living, St James Square is a brand new collection of 55 one, two and three bedroom apartments found just minutes from the shoreline and available to purchase via shared ownership.
Situated in a once-industrial area, the reinvention of the square is part of a wider initiative to create a vibrant place to live, giving residents the choice of quiet tranquillity but with the option to venture into the nearby cultural and creative hub of Brighton, just nine minutes away by train.
Tree-lined pedestrian walkways weave their way through the development, while the stylish apartments, with their generously sized private balconies and windows, overlook the courtyard space, or, on the south-facing side, enjoy views across Baltic Wharf and the sea beyond.
St James is also a prime location for adventure lovers thanks to its close proximity to Hove Lagoon – one of the country’s premier watersports centres. People of all ages can enjoy the various activities on offer there including windsurfing, wakeboarding, sailing, kayaking and paddle boarding.
Venturing into the village, residents can enjoy Portslade’s busy and eclectic shopping street, which has a variety of independent stores, a large post office and several wellknown convenience and beauty brands.
For those preferring to use public transport, the development is well connected with bus stops, found on Wellington Street just on the doorstep, while Portslade railway station is situated a 10-minute walk away. There is also opportunity for cyclists to enjoy a scenic coastal ride to Brighton city centre, which takes half an hour.
A Home Designed To Suit Your Needs
Hyde New Homes has created three alternative design and specification options for St James’ spacious, contemporary apartments, offering flexible colour selections for the high-specification flooring, kitchen units and splashback, bathroom tilling and roller blinds.
Promising an affordable option for buyers without compromising on location, prices at St James Square are:
• Manhattan-style studios and 1 beds; £76,500 for a 30% share, based on a full market value of £255,000
• 2 beds; £103,500 for a 30% share, based on a full market value of £345,000
• 3 beds; £101,875 for a 25% share, based on a full market value of £407,500 Minnie Dando, Head of Marketing and
Communications at Hyde New Homes, said: “With house prices in East Sussex on the rise, getting on the property ladder can sometimes feel like a race against time.
“The added benefit of a 10% deposit, only payable on the equity purchased, can bring this first step closer, enabling buyers to enjoy their desired lifestyle and begin to make over their home to their own taste.”
She continued, “Along with a mortgage, buyers will then pay a subsidised rent to Hyde New Homes on the remaining share. Further shares can be purchased in the future through a process known as staircasing, which allows homeowners to own up to 100% of their home at any time if they wish (subject to status).”
St James Square in Portslade will launch on 11 February 2023. Buyers are welcome to pre-register on to Hyde New Homes’ database on 20 & 21 January.
The marketing suite will be open on Saturday 28 January from 10am for prebooked appointments.
Minnie added, “We expect demand to be high at this wonderful development so are urging buyers to register their interest and make an appointment.”
For more information, please visit hydenewhomes.co.uk