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)

Kings Gate, 1-2 bed homes


Villers Road, Kingston upon Thames, KT1 3BD

Shared ownership

Starting prices

40% share from
£130,000
Full price
£325,000
Minimum deposit
£6,500
Monthly rent
£447
Monthly service charge
£140

Overview

Stunning collection of brand new stylish contemporary apartments set in a landscaped setting enviably located between Kingston and Surbition.


Local area information

Road - Your new home is just off the A3 Kingston Bypass with a swift link towards Central London, or out of town via the A3, M25 and M3 to the south coast and more.

Rail – Surbiton station is a 20 minute walk from Kings Gate. The line connects you to Wimbledon or straight to Waterloo in less than 27 minutes. Change at Clapham Junction for services to Gatwick, Victoria and London Bridge. Kingston station 25 mins walk – trains serving local area

Bus - Frequent and regular bus services can carry you all around the area into Surbition, Kingston and Wimbledon.

Tube-  Your closest tube station is Wimbledon, on the District Line in Zone 3.


Plot availability

Plot number 6
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £130,000
Full market price £325,000
Monthly rent £447
Monthly service charge £140
Ownership Leasehold

Kitchen

  • Fully fitted kitchen in white with co-ordinating grey worktop
  • A-rated Matrix oven, hob and cooker hood
  • White tiled splashback to hob
  • A-rated integrated Matrix fridge freeze
  • A-rated dishwasher
  • Plumbing for washing machine installation

Bathroom

  • Modern white tiled walls
  • White fitted Sanitary ware
  • Ceramic tiled flooring
  • Chrome heating rails

Internal

  • Valiant boiler
  • Carpets in neutral colour to bedrooms
  • Smoke and CO detectors
  • BT points to all bedrooms and living rooms
  • Wiring for Sky+, independent satellite contract required per unit, a communal satellite dish will be provided

External

  • Door entry phone system
  • Secure bicycle store
  • Checkmate Warranty
  • Balcony to each plot
Plot number 9
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £161,000
Full market price £460,000
Monthly rent £685
Monthly service charge £140
Ownership Leasehold

Kitchen

  • Fully fitted kitchen in white with co-ordinating grey worktop
  • A-rated Matrix oven, hob and cooker hood
  • White tiled splashback to hob
  • A-rated integrated Matrix fridge freeze
  • A-rated dishwasher
  • Plumbing for washing machine installation

Bathroom

  • Modern white tiled walls
  • White fitted Sanitary ware
  • Ceramic tiled flooring
  • Chrome heating rails

Internal

  • Valiant boiler
  • Carpets in neutral colour to bedrooms
  • Smoke and CO detectors
  • BT points to all bedrooms and living rooms
  • Wiring for Sky+, independent satellite contract required per unit, a communal satellite dish will be provided

External

  • Door entry phone system
  • Secure bicycle store
  • Checkmate Warranty
  • Balcony to each plot
Plot number 10
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £166,250
Full market price £475,000
Monthly rent £708
Monthly service charge £140
Ownership Leasehold

Kitchen

  • Fully fitted kitchen in white with co-ordinating grey worktop
  • A-rated Matrix oven, hob and cooker hood
  • White tiled splashback to hob
  • A-rated integrated Matrix fridge freeze
  • A-rated dishwasher
  • Plumbing for washing machine installation

Bathroom

  • Modern white tiled walls
  • White fitted Sanitary ware
  • Ceramic tiled flooring
  • Chrome heating rails

Internal

  • Valiant boiler
  • Carpets in neutral colour to bedrooms
  • Smoke and CO detectors
  • BT points to all bedrooms and living rooms
  • Wiring for Sky+, independent satellite contract required per unit, a communal satellite dish will be provided

External

  • Door entry phone system
  • Secure bicycle store
  • Checkmate Warranty
  • Balcony to each plot

FAQ's

Min share price from: £130,000 for a 40% share
Full price from: £325,000
Minimum deposit from: £6,500
Monthly rent from: £447
Bedrooms: 1
Bathrooms: 1

There are 3 available ranging from £130,000 for a 40% share to £166,250 for a 35% 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

Paragon Asra Housing
Shared ownership

Starting prices

40% share from
£130,000
Full price
£325,000
Minimum deposit
£6,500
Monthly rent
£447
Monthly service charge
£140