Ready-to-move shared ownership two-bed with low-running heat pump and two parking spaces.
Ready to move in — completed 2024 with ten-year build warranty
This newly built, first-floor two-bedroom shared ownership apartment is ready to move into and offers a bright open-plan kitchen/living area, two double bedrooms and two allocated parking spaces. Completed in 2024 with a ten-year warranty and included flooring, the home is energy-efficient with an air source heat pump and modern integrated kitchen fittings.
Purchased at 62% of the full market value (£179,800 of a £290,000 valuation) with no rent charged on the remaining 38% equity, the scheme is aimed at local purchasers who meet eligibility criteria. The property sits on the Eastergate/Barnham border in a small town fringe location within a generally affluent area and good local schools nearby.
Practical points to note: the home is leasehold with a monthly service charge of £344, and purchasers must meet shared-ownership eligibility requirements (local connection, inability to buy on the open market). The flat is part of a modern development, so communal maintenance and management will apply.
This apartment suits first-time buyers seeking a low-entry route into a small-town setting with contemporary finishes, low running-cost heating and off-street parking. Buyers wanting a wholly independent freehold home or no ongoing service charges should consider these factors before viewing.
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