£88,500

Highlight Housing, The Affordable Homes Agency, working with L&G Affordable Homes, is pleased to present this well maintained 2 bedroom ground floor apartment in Faygate West Sussex. The price shown represents purchasing a 30% share of the property.

Property Overview

A fantastic opportunity to acquire a modern, well-located ground floor apartment in a desirable West Sussex location, offering a perfect balance of convenience, comfort, and connectivity.

Situated in a highly sought-after development in Faygate, this beautifully presented two-bedroom ground floor apartment offers modern, spacious living ideal for first-time buyers, downsizers, or those looking for a good commuter connection.

The property benefits from a bright and airy open-plan living/dining area, perfect for relaxing or entertaining, with large windows allowing plenty of natural light throughout. The contemporary fitted kitchen is well-equipped with integrated appliances and ample storage.

The apartment features two well-proportioned bedrooms, including a generous principal bedroom and a versatile second bedroom suitable for guests, a home office, or nursery. A modern family bathroom completes the internal accommodation, finished to a high standard.

Additional benefits include:

- Direct ground floor access (ideal for accessibility)
- Allocated parking space
- Secure entry system
- Well-maintained communal areas
- Double glazing and efficient heating throughout

Financial Breakdown

- Full Market Value: £295,000
- 30% Share Value: £88,500
- Rent on unowned share: £560.99 per month
- Service charge: £106.81
- Estate charge £37.21
- Buildings insurance £24.26
- Management fee £34.89
- Reserve fund payment £68.34
- Other service charges £56.22
- Total monthly service charge payment excluding rent £271.51

🌿 Outside

The development is surrounded by well-kept communal grounds, offering a pleasant and peaceful setting. Residents benefit from allocated parking as well as visitor spaces.

📍 Location – Faygate, West Sussex

Harrys Way is located in the popular village of Faygate, perfectly positioned between Horsham and Crawley, offering the best of both town and country living.

Nearby amenities include:

- Local shops and convenience stores
- Close proximity to Horsham town centre with its wide range of restaurants, cafes, and shopping facilities
- Leisure facilities, gyms, and parks nearby

The area is also surrounded by stunning Sussex countryside, with excellent walking and cycling routes close by.

🚆 Transport Connections

This property is ideal for commuters thanks to its excellent transport links:

- Faygate Railway Station – within walking distance, providing direct services to London Victoria, Gatwick Airport, and the South Coast
- Easy access to the A264 and A23, connecting to the M23 and M25
- Gatwick Airport – approximately 15 minutes by car
- Horsham Station – nearby with frequent direct trains to London

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

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, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.