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%.

Horizon Apartments


Silverworks Close, Colindale, Brent, NW9 0EB

Shared ownership
2 bedroom homes
25% share from
£115,000
Full price
£460,000
Minimum deposit
£11,500
Monthly rent
£683

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. 


Plot availability

Plot number 63
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £112,500
Full market price £445,000
Monthly rent £683
Monthly service charge £186
Ownership Leasehold

Kitchen

  • Granite worktop to kitchen
  • Matt white, handle-less wall unit doors
  • Tobacco-coloured handle-less base unit doors with a wood look
  • White carcasses with soft-close hinges
  • 100mm titanium-coloured plinth
  • 20mm-thick Fango worktop by Stone Italiana
  • 100mm-high Fango upstand by Stone Italiana
  • Ceramic induction hob and inset hood
  • Integrated Baumatic oven, extractor hood, and full-height fridge-freezer
  • Washer dryer in service cupboard
  • Intergrated dishwasher
  • Low-energy recessed downlights with dimmer light switch

Living/dining space

  • TV aerial socket including FM/satellite/telephone socket for
  • Sky+ satellite
  • Telephone extension socket
  • Low-energy recessed downlights with dimmer light switch

Bedroom

  • Full-height, built-in wardrobe in main bedroom with internal shelf, hanging rail and drawers and lacquered gloss white doors or glass sliding doors
  • Ribbed oatmeal colour carpet
  • TV aerial extension socket
  • Telephone extension socket
  • Low-energy recessed downlights with dimmer light switch

Bathroom

  • Porcelain floor tiles
  • Oak-veneered and mirrored vanity unit
  • Steel bath with white enamel finish
  • Coloured glass bath panel
  • Thermostatic bath filler and shower monobloc with shower diverter
  • Fixed over-bath shower with hand-held riser
  • Clear glass frameless shower screen
  • Semi-recessed wash basin
  • Single-lever, square monobloc tapFloor-mounted, back-to-wall white ceramic WC with soft-close seat and cover

Chrome toilet roll holder

  • Clothes drier
  • Electric, thermostatically-controlled chrome towel rail
  • Shaver socket
  • Ceiling-mounted extractor fan

Cloakroom (if provided)

  • Porcelain floor tiles
  • White ceramic wash basin
  • Aerated chrome tap
  • White ceramic WC
  • Chrome toilet roll holder
  • Electric, thermostatically-controlled chrome towel rail
  • Ceiling-mounted extractor fan

General

  • Engineered oak flooring in kitchen, living and dining areas
  • Oak-veneered entrance door and internal doors
  • Skirting, architraves and window boards painted Dulux white satin
  • Brushed stainless steel ironmongery throughout
  • Exposed switches and sockets – brushed steel
  • Smoke detector in hallway
  • Audio/video door entry handset in hallway
  • Balconies laid with composite decking and patios (ground floor units) laid with buff finish paving flags
  • Balconies have glass balustrading
  • Communal 8 person lift
  • Limited parking is available to purchase (8 spaces) on selected plots only
Plot number 68
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £116,250
Full market price £465,000
Monthly rent £721
Monthly service charge £186
Ownership Leasehold

Kitchen

  • Granite worktop to kitchen
  • Matt white, handle-less wall unit doors
  • Tobacco-coloured handle-less base unit doors with a wood look
  • White carcasses with soft-close hinges
  • 100mm titanium-coloured plinth
  • 20mm-thick Fango worktop by Stone Italiana
  • 100mm-high Fango upstand by Stone Italiana
  • Ceramic induction hob and inset hood
  • Integrated Baumatic oven, extractor hood, and full-height fridge-freezer
  • Washer dryer in service cupboard
  • Intergrated dishwasher
  • Low-energy recessed downlights with dimmer light switch

Living/dining space

  • TV aerial socket including FM/satellite/telephone socket for
  • Sky+ satellite
  • Telephone extension socket
  • Low-energy recessed downlights with dimmer light switch

Bedroom

  • Full-height, built-in wardrobe in main bedroom with internal shelf, hanging rail and drawers and lacquered gloss white doors or glass sliding doors
  • Ribbed oatmeal colour carpet
  • TV aerial extension socket
  • Telephone extension socket
  • Low-energy recessed downlights with dimmer light switch

Bathroom

  • Porcelain floor tiles
  • Oak-veneered and mirrored vanity unit
  • Steel bath with white enamel finish
  • Coloured glass bath panel
  • Thermostatic bath filler and shower monobloc with shower diverter
  • Fixed over-bath shower with hand-held riser
  • Clear glass frameless shower screen
  • Semi-recessed wash basin
  • Single-lever, square monobloc tapFloor-mounted, back-to-wall white ceramic WC with soft-close seat and cover

Chrome toilet roll holder

  • Clothes drier
  • Electric, thermostatically-controlled chrome towel rail
  • Shaver socket
  • Ceiling-mounted extractor fan

Cloakroom (if provided)

  • Porcelain floor tiles
  • White ceramic wash basin
  • Aerated chrome tap
  • White ceramic WC
  • Chrome toilet roll holder
  • Electric, thermostatically-controlled chrome towel rail
  • Ceiling-mounted extractor fan

General

  • Engineered oak flooring in kitchen, living and dining areas
  • Oak-veneered entrance door and internal doors
  • Skirting, architraves and window boards painted Dulux white satin
  • Brushed stainless steel ironmongery throughout
  • Exposed switches and sockets – brushed steel
  • Smoke detector in hallway
  • Audio/video door entry handset in hallway
  • Balconies laid with composite decking and patios (ground floor units) laid with buff finish paving flags
  • Balconies have glass balustrading
  • Communal 8 person lift
  • Limited parking is available to purchase (8 spaces) on selected plots only

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.

Housing Provider

Octavia
Shared ownership
2 bedroom homes
25% share from
£115,000
Full price
£460,000
Minimum deposit
£11,500
Monthly rent
£683