Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Gladstone Village


Mark Twain Drive, Cricklewood, Brent, NW2 6FU

Shared ownership
4 bedroom homes
50% share from
£497,500
Full price
£995,000
Minimum deposit
£99,500

Overview

Gladstone Village; a new cluster of family homes and one and two-bed apartments that seems almost too good to be true. Offering the very best in modern living space with a host of inclusive features from underfloor heating to high quality integrated appliances to the white/anthracite gloss kitchens. 


Local area information

BY RAIL from Cricklewood railway station

  • West Hampstead - 13 mins
  • Kings Cross - 27 mins
  • Blackfriars - 23 mins

BY TUBE from Dollis Hill tube station:

  • Wembley Park - 4 mins
  • Baker Street - 12 mins
  • Oxford Circus - 17 mins
  • Paddington - 18 mins
  • Wembley Park - 21 mins
  • Kings Cross - 12 mins
  • London Bridge - 24 mins
  • The O2 Arena - 41 mins

Plot availability

Plot number Cedar C
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 50%
Minimum share price £497,500
Full market price £995,000
Monthly rent £829
Monthly service charge £95

Kitchen

Custom designed Manhattan units in white/anthracite gloss*

Okite Italian quartz worktops with upstand*

Stainless steel one and a half bowl sink

Pure White glass splashbacks

Integrated appliances including;

Bosch Oven

Bosch Induction hob

Fridge Freezer

Dishwasher

Freestanding Washer/dryer

Bathroom


Contemporary white bath suite with steel non slip bath and thermostatic mixer shower

Bright white toilet with recessed dual flush cistern

Semi recessed wash basin with storage under

Ceramic tiled floors in Note dark grey by British Ceramic Tiles

Ceramic tiled walls in Note light grey with mosaic feature by British Ceramic Tiles

Heated towel rail

Low Energy downlights

Inset mirror with light above

General


Living/Kitchen/Diner fitted with Karndean design flooring in Country Oak

Quality carpet to bedrooms

Fitted wardrobe to Master Bedroom*

Gsm entry system - accessed by mobile, landline or intercom at entrance gates

Electric gates to main entrance

10 year NHBC warranty


FAQ's

Min share price from: £497,500 for a 50% share
Full price from: £995,000
Minimum deposit from: £99,500
Monthly rent from: £829
Bedrooms: 4
Bathrooms: 2

There is only one available priced at £497,500 for a 50% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Octavia
Shared ownership
4 bedroom homes
50% share from
£497,500
Full price
£995,000
Minimum deposit
£99,500