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Weekend Launch Of New Shared Ownership Apartments In Hounslow

Posted 9 August 2022 by Keith Osborne

A collection of Shared Ownership apartments will become available at Lampton Parkside from Saturday 13 August...

Housing association Notting Hill Genesis is bringing new homes for first-time buyers to west London with the launch of its first phase of Shared Ownership apartments at Lampton Parkside on Saturday 13 August.

Located minutes from Hounslow Central Underground station, the development benefits from connections into central London in just 30 minutes, while residents can also enjoy the open green space of the 40-acre Lampton Park on their doorstep – placing the city and nature in unison.

Being delivered in partnership with former WhatHouse? Housebuilder of the Year Hill, the new launch at Lampton Parkside will create a collection of two-bedroom apartments, to complement the mix of private sale homes already available at this exciting new development. Prices start at £104,375 for a 25% share of a two-bedroom apartment.

Through Shared Ownership, first-time buyers can purchase their own home with a smaller deposit than if they were to buy at full market value, by purchasing a percentage share of the property and paying a subsidised rent on the remainder, between 25% and 75%. When they can afford to, they can increase the amount they own by buying further shares, until they own 100% of their home.

Each of the two-bedroom apartments on offer come with sought-after features for first-time buyers including a private balcony, integrated appliances, and open-plan living space to relax, work and socialise at home.

Fitted to the highest specifications, the apartments come equipped with a range of kitchen appliances including a washer-dryer, fridge-freezer, dishwasher, and microwave. There are touches of luxury throughout, including matte-finish handleless units in the kitchen, built-in mirrored wardrobes, energy-efficient underfloor heating, and Amtico flooring to living areas and carpets to bedrooms. The development also benefits from the convenience of a dedicated concierge and secure cycle storage.

Lampton ParksideResidents seeking outdoor space can enjoy the trees, walking trails, tennis courts and rose garden at Lampton Park, while the development’s own landscaped communal gardens and leafy streets offer the chance to enjoy green surroundings on their doorstep.

These new Shared Ownership homes are ideally located for buyers commuting into central London or looking to enjoy the capital on weekends, as well as those seeking to travel further afield. Residents can travel into central London on the Piccadilly line from Hounslow Central Underground Station in less than an hour, while Heathrow airport is just an 18 minute tube-journey away.

Lauren Nicholson, head of marketing and digital at Notting Hill Genesis, said: “We’re excited to be launching our first phase of Shared Ownership homes at Lampton Parkside, giving first-time buyers the chance to purchase a high-quality home in an exciting area with a growing community.

“The apartments are ideally suited to young professionals and families currently renting locally who want to put down roots in a vibrant part of West London. With excellent transport connections into the city and green space on the doorstep, the homes offer the best of both worlds for the modern buyer.”

Guide prices for Shared Ownership homes at The Bellevue, Lampton Parkside, start from £104,375 for a two-bedroom apartment with a 25% share (full market value £417,500). Find out more at nhgsales.com.

 

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Hounslow TW3
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A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

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