4 bedroom detached house for sale

*AVAILABLE TO BE RESERVED OFF PLAN*
(Projected Handover Date September 2025)

*SHARED OWNERSHIP*

This property is being sold on behalf of VIVID in partnership with Stonebridge Shaw. By enquiring with us your details will be provided to VIVID.

Apply now for a stunning newbuild Shared Ownership 4 bedroom family home. Shares start from 10%

Shared Ownership, is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 10% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase.

MINIMUM 10% SHARE ADVERTISED AT £56,500 FULL MARKET VALUE £565,000

•Monthly rent example on un-owned 90% share: £1165.31
•Monthly initial estimated service charges: £23.14
•Council Tax Band: TBC
•Predicted energy assessment rating: A

Who can apply for Shared Ownership?

You can apply if your household income is £80,000 a year or less and you can’t afford to buy a suitable home on the open market.

If you’ve never owned a home before, Shared Ownership’s a fantastic opportunity to get on the housing ladder and it’s also a great option if you’re in one of the following groups:

• You’ve owned a home before, but can’t afford to buy one now
• You’re forming a new household (for example, following a relationship breakdown)
• You’re an existing Shared Owner and want to move to a new home
• You own a home, but can’t afford to buy a new one that suits your current needs

If you own another property in the UK or abroad, you’ll need to sell this at the same time as buying your new Shared Ownership home. So, if you’re a homeowner, VIVID will ask you to confirm your property’s under offer.

At Regis Park you can buy additional shares in your home over time if you’d like to, so that eventually you could own 100% of the property.

Specification

•Neutral decor throughout
•Flooring included
•Turfed rear gardens
•Please note that these plots were originally built to private specification so the internal spec will vary between units.
For example, the cabinet colours in the kitchen may be different between plots.
•Parking for plots is currently to be confirmed.

VIVID are selling these homes off plan, so viewings are not available until later on in your purchase.

LOCAL INFORMATION

Our new homes in Bognor Regis offer a really great place to live for so many reasons for people of all ages.

There’s a great choice of amenities close by and lots of places to walk and visit on your doorstep. There is a friendly, community feel for residents, and a visit to nearby Hotham Park is a beautiful area to enjoy some fresh air.

The park has a cafe, children’s play area and a mini-golf course. Bognor Regis has a lovely sandy beach, which even won the Seaside Award in 2019. The beach and promenade sit close to Bognor’s main shopping centre so a day out at the beach can be finished off by a visit to the town, or dinner in the local area.

Local restaurants serve a wide range of options ranging from traditional English to Mediterranean, Indian, Asian, and more. The many pubs, bars, cafes and delis also make wonderful places to enjoy a bite to eat and a drink. There are a few supermarkets to choose from including a Sainsburys just 10 minutes’ drive and Morrison’s within a 9-minute drive

Images shown may be photographs or CGI (computer generated images) of current or coming soon properties. Photographs or CGI images are produced in good faith as visual representations to give potential customers a representation of each house or apartment. They may not represent a specific plot, the finishes, plot sizes and landscaping will vary.

If you’re viewing this property on an App you may not be able to view full information, so please visit the VIVID Homes website

Note from the team at Stonebridge Shaw
We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.



Tenure: Leasehold