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)

Gresham Road, 1-2 bed homes


Gresham Road, London, Lambeth, SW9 7NP

Shared ownership

Starting prices

30% share from
£150,000
Full price
£500,000
Monthly rent
£738
Monthly service charge
£156

Overview

We are pleased to present our new development on Gresham Road- Brixton in the London Borough of Lambeth. We will have 5 x 1 bed apartments and 2 x 2 bed apartments for sale on a Shared Ownership basis.

Open to applicants from any London local authority


Local area information

Within minutes from your front door is the buzz of central Brixton with its amazing array of entertainment, eateries, award winning independent stores, markets, and household name retailers. Whether it’s the latest headliners playing Brixton’s famous O2 Academy, an art-house film at the Ritzy Cinema or fine international cuisine and a fresh coffee that doesn’t cost the earth at Brixton Village Market, you’ll be spoiled for choice.

For those looking to stay in shape, Fitness First offer superb gym facilities locally, for more leisurely pursuits, nearby Loughborough Park and the wide open green spaces of the renowned Brockwell Park, host to one of London’s most popular Lidos and the world famous Lambeth Country Show, are both within easy reach.

The essentials are covered too, with banks, chemists, the library and the Post Office all within a ten minute walk from Gresham Road.


Plot availability

Plot number B1, 1 Yorks House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,000
Full market price £460,000
Monthly rent £738
Monthly service charge £156

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

LED balcony lights

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

 

Plot number B2, 2 Yorks House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £138,000
Full market price £460,000
Monthly rent £738
Monthly service charge £156

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

LED balcony lights

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

 

Plot number C18, 18 Leno House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 45%
Minimum share price £211,500
Full market price £470,000
Monthly rent £592
Monthly service charge £171

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

Plot number C17, 17 Leno House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 45%
Minimum share price £213,750
Full market price £475,000
Monthly rent £599
Monthly service charge £186

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

LED Balcony Lights

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

Plot number C13, 13 Leno House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 45%
Minimum share price £213,750
Full market price £475,000
Monthly rent £599
Monthly service charge £186

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

LED Balcony lights

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

Plot number C19, 19 Leno House
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 30%
Minimum share price £172,500
Full market price £575,000
Monthly rent £922
Monthly service charge £205

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket

Plot number C14, 14 Leno House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 45%
Minimum share price £265,500
Full market price £590,000
Monthly rent £744
Monthly service charge £235

Open Day 13th July. Register your interest now.

Internal features

Mains operated smoke detectors/ heat detectors/carbon monoxide detectors/ sprinkle system

Gas central heating

BT points to the living room and master bedroom.

Wiring for Sky+ (independent satellite contract required per unit)

Audio door entry system

 

External features to apartment

Carpets to communal areas

White walls

Lockable cycle store

 

Kitchen

High quality fitted kitchen units

Zanussi stainless steel oven

Zanussi electric stainless steel hob

Zanussi stainless steel hood

Stainless steel splashback

 

Bathroom

Roca white fitted bathroom suite with chrome taps and fittings

White two tile high splash back to basin and full height to three sides of bath.

Thermostatic shower

Glass shower screen with chrome fittings

Shaver socket


FAQ's

Min share price from: £138,000 for a 30% share
Full price from: £460,000
Monthly rent from: £738
Bedrooms: 1
Bathrooms: 1

There are 7 available ranging from £138,000 for a 30% share to £265,500 for a 45% 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

Paragon Asra Housing
Shared ownership

Starting prices

30% share from
£150,000
Full price
£500,000
Monthly rent
£738
Monthly service charge
£156