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£160,000
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.
This spacious two bedroom, semi-detached house is now available for resale on a Shared Ownership basis for a 50% share of £160,000. Situated in the popular Cresswell Park development by Cala Homes in picturesque Angmering the property benefits from a spacious open plan living room with modern kitchen. There is a family bathroom upstairs as well as a WC downstairs off of the hallway. Conveniently located within walking distance of Angmering train station it is also close to various amenities such as major supermarkets, local garden centre and a short drive to the beach. The property is in good order throughout benefiting from the remainder of the NHBC structural warranty and the boiler has been regularly serviced.
Purchase breakdown
Shared ownership - minimum share of 50% at £160,000
Monthly rent of £484.69
Monthly service charge of £14.70
(within this financial year (ending 31 March 2026) - subject to final confirmation)
There is an External Management Agent for the Estate. Estimated annual charge of £275 for this financial year - subject to final confirmation)
Council Tax Band - C
EPC - B
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