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)

Paragon - NH72, 1 bed homes


Block B, The Paragon, Boston Park Road, London, Hounslow, TW8 9RN

Shared ownership

Starting prices

80% share from
£192,000
Full price
£240,000
Minimum deposit
£19,200
Monthly rent
£130
Monthly service charge
£130

Overview

Second floor flat with 1 bedroom in the London borough of Hounslow for £192,000 at 80 % share price of £240,000 available through Shared Ownership.

Ground floor

Intercom, Entrance Hall, Stairwell and Passenger Lift
 

Second Floor

Entrance Hall

Living Room/Kitchen 

Bedroom with fitted wardrobe

Shower Room with shower cubicle, wall mounted wash hand basin and close coupled WC

External

Communal gardens

Roof terrace

Laundry facilities

GIA

37.5 sq m / 404 sq ft

Accessibility rating

A

EPC rating

C

Length of lease

87 years

Borough

Hounslow

Monthly Fees

*Monthly Mortgage: £971.12

Monthly Rent: £ 130.19

**Service Charge: £129.98

Council Tax: £1203 annually

Estimated Total (per month): £ 1231.29 excluding council tax

*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
 


Local area information

Griffin Park - 0.7miles

Morrisons Supermarket - 0.7miles

Local Transport

Brentford (Southwestern Rail) - 0.3miles

Boston Manor Station - 0.9miles

Northfields Station - 0.9 miles

South Ealing Station - 1mile

 


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

80% share from
£192,000
Full price
£240,000
Minimum deposit
£19,200
Monthly rent
£130
Monthly service charge
£130