Hounslow Place

1 - 2 bedroom homes in 714-746 London Road, Hounslow, Hounslow, TW3 1PD

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £120,750 for 35% share
Full price from £345,000
Min deposit from £6,038
Monthly rent from £514
Service charge from £166
Bedrooms 1-2
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

Hounslow Place offers a modern haven, nestled conveniently on London Road, creating a calm and serene space at the centre of the hustle and bustle.  
 
Ideally situated on London Road in a beautifully designed modern building, each apartment has both a balcony and private outside space. There is an excellent range of shops, bars and restaurants on the nearby high street, just moments away and Hounslow East Underground station offers access to Zone 1 in just 29-minutes***.
 
Due to popular demand, we will be holding an exclusive preview viewing of Hounslow Place, where you could be the one of the first people to set foot inside this brand new development.

£250 contribution on selected apartments*
 
To see a virtual tour of the development please copy the below link into your browser:-
 
https://my.matterport.com/show/?m=g63HHV9zpZt

To register your interest or for any other enquiries please contact the Customer Service Team – Sales on:-

T: 0300 100 0309

Eligibility

- You must be at least 18 years old.

- You cannot afford to buy a home suitable for your needs on the open market. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.

- Your annual household income can be no more than £90,000.

- You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

Please note:

These prices are to be used as a guideline only as they may change.

* Terms and conditions apply to £250 reservation fee.

** Dates and times are subject to change. All appointments will be confirmed via phone beforehand.

*** Journey times are calculated from Hounslow East Underground station, based on Transport for London data at the time of writing.

Local area information

Ideally situated on London Road in a beautifully designed modern building, each apartment has both a balcony and private outside space. There is an excellent range of shops, bars and restaurants on the nearby high street.

Status Plot No. Floor Beds Min share price Eligibility
Available J.1.1 First 1 £120,750 View details
Available J.2.1 Second 1 £120,750 View details
Available J.3.1 Third 1 £120,750 View details
Available J.4.1 Fourth 1 £120,750 View details
Available J.4.2 Fourth 1 £120,750 View details
Available J.1.1 First 1 £120,750 View details
Available J.4.3 Fourth 2 £123,750 View details
Available J.1.4 First 2 £138,750 View details
Available J.1.4 First 2 £138,750 View details
Available J.2.2 Second 2 £138,750 View details
Available J.2.4 Second 2 £138,750 View details
Available J.3.2 Third 2 £138,750 View details
Available J.1.3 First 2 £140,250 View details
Available J.2.3 Second 2 £140,250 View details
Available J.3.3 Third 2 £140,250 View details
Available J.3.4 Third 2 £140,250 View details
Reserved J.1.2 First 2 £138,750 View details
Reserved J.4.4 Fourth 2 £138,750 View details
View More

FAQ's

Min share price from: £120,750 for a 35% share
Full price from: £345,000
Minimum deposit from: £6,038
Monthly rent from: £514
Bedrooms: 1
Bathrooms: 1

There are 16 available ranging from £120,750 for a 35% share to £140,250 for a 30% 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.

Hounslow Place

1 - 2 bedroom homes in 714-746 London Road, Hounslow, Hounslow, TW3 1PD

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £120,750 for 35% share
Full price from £345,000
Min deposit from £6,038
Monthly rent from £514
Service charge from £166
Bedrooms 1-2
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