£119,000

Highlight Housing, The Affordable Homes Agency, working with Legal & General’s Affordable Housing Division (L&G), is pleased to present this Shared Ownership resale property in Selsey. The price shown represents purchasing a 35% share.

This well-designed three-bedroom home in Selsey, near Chichester, offers a practical layout perfectly suited to modern living.

On the ground floor, a welcoming entrance hall leads to the well-proportioned kitchen offering ample room for cooking and dining. The generous living room stretching over 16ft, provides a bright and comfortable space for relaxing or entertaining and access to the private garden. A downstairs cloakroom completes the layout.

Upstairs, the home features three bedrooms, ideal for families, guests or flexible home working. The principal bedroom benefits from its own en suite, while the remaining two bedrooms are served by a contemporary family bathroom.

Offering approximately 832 sq ft of internal space, this thoughtfully arranged home combines functionality with comfort, all within easy reach of the coast and local amenities that make Selsey such a desirable place to live.

Financial breakdown:

- Full Market Value: £340,000
- 35% Share Value: £119,000
- Monthly Rent: £557.13
- Monthly Service Charge: £88.69
- Lease Length: 988 years

Local area:

Located in the charming coastal town of Selsey, near historic Chichester, this home enjoys a relaxed seaside setting with everyday essentials close at hand.

You’ll be within walking distance of beautiful beaches and a range of excellent local amenities. Chichester and Bognor Regis are less than half an hour away with a great range of shops and attractions, while the thriving city of Portsmouth is 36 minutes away by car.

From Chichester station, there are regular trains into Bognor Regis, Worthing, Portsmouth, Southampton and you can be in London Victoria in just over and hour and a half.

Combining a peaceful atmosphere with easy access to amenities and surrounding countryside, Selsey is an increasingly popular choice for those looking to enjoy life by the coast.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Eligibility Criteria

- To be eligible for Shared Ownership, you will need to:
- Have a combined household income under £80,000 per annum
- Be unable to purchase a suitable home on the open market
- Meet one of the standard criteria, such as being a first time buyer or forming a new household
- Satisfy affordability checks and credit assessment

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years’ experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, insurance and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or other payments could put your home at risk.