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%.

Read more about Shared ownership (Opens in new window)

Greenstock Lane, 1-2 bed homes


Pinner Road, Harrow, HA1 4FZ

Shared ownership

Starting prices

25% share from
£114,375
Full price
£457,500
Minimum deposit
£11,438
Monthly rent
£786
Monthly service charge
£149

Overview

Last remaining apartment - available to buy through Shared Ownership for a 25% share from £114,375.

Available furnished and ready to move in now!

Furniture pack included in plot 17. Contact the sales team for more details of what is included. No cash alternative is available. Offer given on completion of sale only. Reservation fee must be paid before/on 31/10/2020. Sale must exchange and complete by 18/12/2020 for offer to be honoured. Offer may be removed or changed at any time.

As we re-open our sales offices, our expert teams are online and on-call to answer any questions and guide you through a virtual viewing of your chosen development. Once your virtual viewing is complete you will then be able to book your private appointment to view in person.

Available to move in now, this last remaining apartment forms part of a delightful collection of one and two bedroom apartments available through Shared Ownership. Located close to Harrow town centre in northwest London, it offers the perfect base to enjoy the buzz of this popular outer London suburb.

Price Breakdown*
Full market value: £457,500
Share: 25%
Shared price: £114,375
Monthly rent (2.75%): £786
Monthly estimated mortgage: £549
Estimated monthly service charge: £149
Total monthly outgoings: £1,484

Key Features 

- Third floor 2 bedroom apartment with 797 sq ft of internal space
- Stylish kitchen with integrated fridge freezer and washing machine
- Wood effect flooring to living areas and luxurious carpet to bedrooms
- Abundance of storage including fitted wardrobe to master bedroom
- Boutique style bathroom with full width mirror and sleek large format tiling
- Near to West Harrow and Harrow on the Hill stations
- Private balcony spanning 16 ft of outside space
- Ready to move now

Highlights of the specification at Greenstock Lane include:

General

Fibre broadband enabled
Freeview with two interactive satellite services available by subscription at additional cost
Timber effect laminate for hallway, kitchen and living room
Two large storage cupboards to hallway
Large private balcony accessible from living area

Kitchen

Sleek modern kitchen in light grey finish with chrome handles
Integrated stainless steel Zanussi hob, oven and grill
4 plate ceramic hob and integrated Zanussi fridge/ freezer
Integrated Washing machine
Designer style chimney extractor hood with stainless steel splashback

Bedrooms

80% wool carpets in neutral tones
Fitted wardrobe to master bedroom where shown on plan

Bathrooms

Shower over bath in bathroom with glazed bath screen
Contemporary white WC with dual flush
Semi-recessed counter-top basin with designer chrome mixer tap
Full height Large format ceramic tiles around bath and half height to WC/basin area and fully tiled floor
Full height and full width mirror over WC/basin area
Chrome towel rail

 

What is Shared Ownership?

Shared Ownership is a government backed scheme allowing you to buy a share in a property from 25% to 75% of the full market value and pay a subsidised rent on the remainder. Because you only have to put down a deposit on the share you buy, you won't need to save as much for a deposit as you would if you were buying outright.

*Estimated mortgage payments assume an interest rate of 4.50% using a 10% deposit over 25 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at 2.75% per annum of the value of the share that is not purchased. Service charge is only an estimate and may increase in future. **Affordability and eligibility criteria apply.

***Images and CGIs are for illustrative purposes only.


Local area information

Greenstock Lane is perfectly located for Harrow's busy shopping, transport and leisure facilities. The local area has a wide array of amenities including cafes, pubs, bars and restaurants creating a hub that prides itself on home-grown talent. Excellently located, from your doorstep Harrow Town Centre and Harrow-on-the Hill station is only a 5 minute walk away with journey times into central London within 30 minutes.

Harrow has an abundance of green spaces and places to escape the frenetic pace of modern life. The development itself is set next to the popular Harrow Recreation ground with its acres of parkland and the opportunity to stretch out and exercise. As an alternative, spend a relaxing afternoon at Pinner Park, the former home of Lady Hamilton, with its expansive pond and aviary; spot buzzards, warblers and even a family of fallow deer at the Bentley Priory Nature Reserve or enjoy a long walk in Weald Wood's 18 hectares of woodland.

 


Plot availability

Plot number A302
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £114,375
Full market price £457,500
Monthly rent £786
Monthly service charge £149
Ownership Leasehold

Key Features 

  • Last remaining 2 bedroom apartments
  • Available to move in
  • Adjacent to West Harrow and Harrow-on-the-Hill stations
  • Two large shopping centres are a short walk away
  • All apartments benefit from an abundance of natural light
  • Private balcony
  • Third floor apartment
  • Walking distance to West Harrow and Harrow-on-the Hill stations
  • Popular development with park-side setting
  • Available to move in now!
  • Wood effect flooring to living areas and carpet to bedrooms
  • Sleek kitchen with range of integrated appliances
  • Storage options including fitted wardrobe to main bedroom
  • Private balcony

Specification:

Highlights of the specification at Greenstock Lane include:

General

  • Fibre broadband enabled
  • Freeview with two interactive satellite services available by subscription
  • Timber effect laminate for hallway, kitchen and living room

Kitchen

  • Integrated stainless steel oven and grill
  • 4 plate ceramic hob and integrated fridge/ freezer
  • Designer style extractor hood

Bedrooms

  • 80% wool carpets in neutral tones
  • Fitted wardrobes

Bathrooms and shower rooms

  • Shower over bath in bathrooms with screen
  • Contemporary white WC with dual flush
  • Slip resistant tiled flooring
  • Large format ceramic tiles around bath and shower enclosures
  • Full height and full width mirror over WC/basin area

FAQ's

Min share price from: £114,375 for a 25% share
Full price from: £457,500
Minimum deposit from: £11,438
Monthly rent from: £786
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £114,375 for a 25% 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.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

25% share from
£114,375
Full price
£457,500
Minimum deposit
£11,438
Monthly rent
£786
Monthly service charge
£149