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£126,000
Three-bedroom chalet bungalow for Shared Ownership resale
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 around £5,000 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.
The property is entered via a bright and spacious reception hallway, offering access to a cloakroom WC, utility room, and a flexible ground-floor bedroom ideal as a home office or formal dining room. A door from the hallway opens into an impressive living and dining area, well-proportioned and filled with natural light, featuring patio doors that lead directly to the west-facing garden. Additional highlights include extensive under-stair storage and a fitted kitchen equipped with integrated appliances.
A sweeping curved staircase ascends to the first floor, illuminated by a striking upper window that enjoys open views across Highdown Hill. The first-floor landing gives access to two generously sized double bedrooms, identical in layout and spanning the full length of the property, both benefiting from attractive views towards Highdown Hill. A well-appointed family bathroom is positioned centrally between the bedrooms. The property has a slate front area with a few plants. To the side is the driveway and another small slated area with an established flamingo tree. The back garden is spacious with planted borders, a patio, a greenhouse and a shed. The back garden is fenced around 3 sides.
Set within a peaceful and well-maintained private cul-de-sac, this property benefits from a sense of privacy and community, with upkeep managed by the residents. The home is notably light and spacious, enjoying a warm, sunny aspect throughout the day as natural light pours in through the patio doors. The house has been carefully designed with accessibility in mind, featuring wheelchair-friendly doorways and electrical fittings, while the generously proportioned staircase allows for the future installation of a stairlift if required.
The surrounding area offers an excellent lifestyle balance, with a picturesque 20-minute riverside walk along the Rife to the Bluebird Café and seafront, or an equally convenient walk inland to the Highdown Hotel and the many countryside and coastal walking routes available.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.