£69,000
Modern and spacious one-bedroom ground floor apartment
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.
One bedroom ground floor apartment available for shared ownership purchase. This apartment offers bright and spacious open-plan living spaces with patio doors out to the car park. There's a generous double bedroom with fitted wardrobes and contemporary bathroom. Built in 2019 this property is a short walking distance to Horsham town centre, 15 minute walk to the train station and is in excellent condition.
Purchase breakdown
The minimum share of 30% can be purchased for £69,000.
For this financial year (ending 31 March 2026) a rent of £446.16 a month applies as well as a service charge of £122.34 a month.
Council Tax Band: B
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