Horizon Apartments

2 bedroom homes in Silverworks Close, Colindale, Brent, NW9 0EB

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 25% share
Full price from £460,000
Min deposit from £11,500
Monthly rent from £683
Bedrooms 2
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Hurry and get in touch today to ensure you don't miss out - last apartment remaining!

Colindale is bristling with renewed energy. Thanks to a multi-billion pound investment in the area, it’s set to become one of North London’s most desirable destinations. At the forefront of Colindale’s revival is Silverworks by Galliard, a sleek courtyard development of 227 prestigious new homes.

Today, it’s a striking, energy-efficient new landmark for Colindale. Six elegant apartment buildings are set in attractive landscaped gardens. Each spacious, light-filled apartment has a balcony or terrace for laid back lounging, and there’s cycle storage.

Local area information

North West London lets you enjoy both relaxed, village-style living and the buzz of the city. Colindale is in Brent – a cosmopolitan area with lots to do on the doorstep, and easy access to areas such as affluent St John’s Wood, edgy Camden and genteel Hampstead.

Colindale tube station is just a ten minute walk away - from there, the Northern line takes you straight to central London. Alternatively, Hendon train station is just 1.6 miles away, and the current regeneration plan will add even more new routes to the area for resident's convenience. 

Status Plot No. Floor Beds Min share price Eligibility
Available 63 Second 2 £112,500 View details
Available 68 Fourth 2 £116,250 View details

FAQ's

Min share price from: £112,500 for a 25% share
Full price from: £445,000
Minimum deposit from: £11,500
Monthly rent from: £683
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £112,500 for a 25% share to £116,250 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.

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

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Horizon Apartments

2 bedroom homes in Silverworks Close, Colindale, Brent, NW9 0EB

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £115,000 for 25% share
Full price from £460,000
Min deposit from £11,500
Monthly rent from £683
Bedrooms 2
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes