1/7
£125,000
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £250,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared ownership
This superb modern home is available to buy from as little as £125,000 with a 50% share!
This well-presented, ground floor one-bedroom flat offers a bright and spacious open-plan kitchen, dining, and living area, a modern bathroom, and a generous double bedroom, all leading out to a private patio—ideal for relaxing or entertaining guests. The property also includes an allocated parking space for added convenience. Located in a peaceful residential area, it benefits from excellent local amenities including supermarkets, cafes, gyms, and nearby parks for outdoor activities. Commuters will appreciate the close proximity to Harrow & Wealdstone and Kenton stations, providing fast and convenient links via the Bakerloo Line, London Overground, and National Rail services to central London and beyond. This flat presents an excellent opportunity for first-time buyers, professionals, or investors looking for a comfortable home with great transport connections and local conveniences.
PRICING & AFFORDABILITY
Full Market Value: £250,000
50% Share Price: £125,000 (rent £417.53pcm)
Minimum 5% Mortgage Deposit (50% share): £6,250
Approximate Service Charges: £323.85pcm*
Lease: 96 Years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership