1/18
£125,000
Spacious two bedroom flat with garden
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.
Situated within a quiet and family-friendly cul-de-sac in the highly sought-after historic market town of Steyning, this spacious two-bedroom first-floor flat offers a rare combination of generous living space, private outdoor access, and countryside surroundings. Accessed via its own private entrance and garden, the property provides a sense of privacy and independence not commonly found in apartment living. Inside, the home features a large open-plan living and dining area, creating a bright and versatile space ideal for both relaxing and entertaining. Wood-effect flooring throughout the living area adds warmth and practicality. Both bedrooms are well-proportioned doubles, offering flexible accommodation for families, couples, guests, or home working. A dedicated office nook further enhances the property’s appeal for remote workers or those requiring additional study space. The property also benefits from gas central heating, double glazing throughout, full fibre broadband availability, and a useful utilities/storage cupboard. Externally, the property continues to impress with a private garden, allocated parking, and additional visitor/overflow parking nearby. The peaceful cul-de-sac setting, combined with countryside views and close proximity to the South Downs, creates an ideal balance between convenience and rural living. This attractive home would make an excellent purchase for first-time buyers, young families, downsizers, or professionals seeking spacious accommodation within one of Sussex’s most desirable small towns.
Purchase breakdown
Shared ownership - minimum share of 50% at £125,000
Monthly rent of £328.40
Monthly service charge of £148.37
(within the financial year ending 31 March 2027) - subject to final confirmation)
Council Tax Band - B
EPC - C