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)

The Waterfront, 1-2 bed homes


Hempsted Lane, Gloucester, Gloucester City, GL2 5SA

Shared ownership

Starting prices

30% share from
£48,750
Full price
£162,500
Monthly rent
£261
Monthly service charge
£171

Overview

The Waterfront is a stylish collection of new apartments at Gloucester Quays next to the striking historic docks.

We are offering a collection of 1 & 2 bedroom apartments and 2 & 3 bedroom houses for sale through Shared Ownership. It’s an affordable way to buy your own home in what’s becoming a premier residential area.

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest. Guinness owns part of it - but you're living there, you decorate it and decide when to sell.

Buying a percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. You can carry on buying further shares to own it 100%.


Local area information

Gloucester’s dockside has undergone a dramatic transformation. The beautiful Victorian architecture remains, which is now joined by modern counterparts.

Where ships once discharged cargo, smart narrowboats, cruisers, and yachts drift by. What had become a forgotten area is now the place to go – the place to put down roots and live a glorious life by the water.


Plot availability

Plot number 4
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £60,000
Full market price £200,000
Monthly rent £321
Monthly service charge £132
Ownership Leasehold
Plot number 7
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £60,000
Full market price £200,000
Monthly rent £321
Monthly service charge £132
Ownership Leasehold
Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £61,500
Full market price £205,000
Monthly rent £329
Monthly service charge £132
Ownership Leasehold
Plot number 8
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £63,000
Full market price £210,000
Monthly rent £337
Monthly service charge £141
Ownership Leasehold
Plot number 11
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £63,000
Full market price £210,000
Monthly rent £337
Monthly service charge £132
Ownership Leasehold

FAQ's

Min share price from: £60,000 for a 30% share
Full price from: £200,000
Monthly rent from: £321
Bedrooms: 2
Bathrooms: 1

There are 5 available ranging from £60,000 for a 30% share to £63,000 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.

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

Guinness
Shared ownership

Starting prices

30% share from
£48,750
Full price
£162,500
Monthly rent
£261
Monthly service charge
£171