When it comes to sharing a home, 32% of renters say that poor cleanliness, household chores not being done, and not splitting the bills fairly are some of the top reasons for causing discontent among flatmates[1]. For aspiring home owners looking for a route into a new home they can call their own, Notting Hill Genesis’ collection of Shared Ownership apartments at Greenstock Lane could be the perfect solution. Located in the well-connected north London area of Harrow, first time buyers can take an independent step into the homeownership journey and purchase a one-bedroom apartment with deposits starting from just £8,625.*

Shared Ownership offers aspiring buyers the opportunity to buy a share of a home’s value, between 25% and 75%, while paying a subsidised rent on the remaining share. The lower deposit level required with the Shared Ownership scheme at Greenstock Lane, means buyers need only put down a deposit on the share they purchase and not the full market value of the property. Shared Ownership also means you can become a home owner with a lower level of savings than if you were to buy the same home outright. Buyers can choose to purchase additional shares on their property as and when they can afford to, right up to 100%.

Perfectly placed in the heart of Harrow, a few minutes’ walk from the bustling town centre and two railway stations, Greenstock Lane comprises a contemporary collection of 14 one-and two-bedroom apartments. All of the properties have been finished to a high standard and feature a high-quality specification and modern design. The open-plan layouts provide a flexible and adaptable space for relaxing and entertaining, all apartments benefit from a private balcony or terrace, kitchens come fully fitted with a range of integrated appliances and a selection of two-bedroom apartments come with ensuite bathrooms.

Jim Munson, Head of Marketing at Notting Hill Genesis comments: “The Notting Hill Genesis’ Shared Ownership scheme offers an ideal solution for buyers wanting to move away from renting or house-sharing and venture into a new home of their own, and Greenstock Lane is the perfect place to do it. The collection of apartments are offered with a high internal specification, and being in such a central part of Harrow means buyers have everything they need within walking distance of home – a thriving high street brimming with shops, restaurants, bars and the great transport connections means the capital is less than 30 minutes away via the underground – Shared Ownership really does provide a fantastic option for people wanting to own their own home.”

Harrow-on-the-Hill and West Harrow tube stations are both less than a mile from Greenstock Lane. From here commuters can hop on the Metropolitan line and reach Baker Street in 21 minutes and Kings Cross St Pancras in 27 minutes. Harrow-on-the-Hill station is also served by Chiltern Railways, providing direct services into London Marylebone in just fifteen minutes. For those who prefer driving, Harrow is also convenient for road travel, with the A40 and M1 close by.

For day to day essentials, just across the road from Greenstock Lane is a Morrisons supermarket, and for an extra dose of retail therapy Harrow town is host to two shopping centres, St Ann’s and St George, both offering a wide selection of high street brands, as well as a 12-screen Vue cinema. Harrow-on-the-Hill’s historic high street has a wide range of cafés, pubs and independent restaurants, as well as quirky one-off shops that add to the local charm. Thanks to investment from the Mayor of London and local council, regeneration of the town centre is under way to further improve the local shops and public spaces, creating a better environment for the local people to enjoy.

Prices for a one-bedroom apartment start from £86,250 based on a 25% share with a full market value of £345,000. For more information, contact Notting Hill Genesis on 020 3815 1234 or visit www.nhgsales.com

 

[1] https://www.propertyreporter.co.uk/landlords/what-are-the-worst-habits-you-can-have-as-a-roommate.html

*Figure is based on using a 10% deposit when purchasing a 25% share of a one bedroom apartment priced at £86,250