2 bedroom house for sale
Pannett Lane, BN16 4RA
Share percentage 33%, full price £345,000, £11,385 Min Deposit.
Share percentage 33%, full price £345,000, £11,385 Min Deposit
Monthly Cost: £1,176
Rent £553,
Service charge £48,
Mortgage £575*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Shared ownership
Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.
Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.
Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.
Am I eligible?
Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.
Remember you will also have to pay household bills including council tax, gas, electricity and water.
Summary
Two-bedroom, Semi-detached House
Description
A two-bedroom semi-detached house is now available to purchase on a shared ownership resale basis on the Ecclesden Park development situated in the coastal village of Angmering. Built in 2023 the property has two generous sized bedrooms along with two off road parking spaces with EV charging, light and spacious open plan living and plenty of storage. The development is close to outdoor walks and is a short distance from Angmering's village centre.
Key Features
Purchase breakdown
Monthly charges apply. Within the current financial year from 1 April 2025 to 31 March 2026; these consist of the following (subject to final confirmation):
Shared Ownership minimum share of 33% £113,850
Monthly Rent: £552.90
Monthly service charge: £47.74
Key Features
- Semi-Detached House
- Two Bedrooms
- Integrated Appliances
- Open Plan Living
- Off Road Parking
- Excellent Condition
- Built in 2023
- Remainder of NHBC Warranty
Council Tax Band - C
EPC - B
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Off Street
Outside Space/Garden: Yes - Private Garden
Year property was built: 2023
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 33%, full price £345,000, £11,385 Min Deposit. Calculated using a representative rate of 4.59%
