Shared Ownership
This superb modern home is available to buy from as little as £103,250 with a 35% share!
Set on the sixth floor of a well-maintained development, this stylish and generously proportioned apartment features an exceptional open-plan living space extending over 30ft — creating a bright, contemporary hub ideal for both everyday living and entertaining. The sleek fitted kitchen is thoughtfully designed with ample storage and workspace, while the spacious double bedroom offers a calm and comfortable retreat. A modern bathroom and additional storage complete this well balanced home. Residents of Pearson Apartments enjoy access to a professional concierge service, secure entry system, lift access to all floors, and well maintained communal areas.
Positioned in the heart of Harrow, Perceval Square places you moments from a superb selection of amenities including St Ann’s and St George’s shopping centres, vibrant cafés, restaurants and leisure facilities. The area also benefits from nearby green spaces, offering a welcome escape from the hustle and bustle.
For commuters, the location is outstanding. Harrow-on-the-Hill station is within easy walking distance, providing fast and direct links into Central London via the Metropolitan Line and National Rail services, alongside excellent local bus connections. Offered to the market chain-free, this is a fantastic opportunity for buyers seeking a premium, low maintenance home in a prime location.
PRICING & AFFORDABILITY
Full Market Value: £295,000
35% Share Price: £103,250 (rent £707.05pcm)
Minimum 5% Mortgage Deposit (35% share): £5,163
Approximate Service Charges: £277.78 pcm*
Lease: 988 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £295,000 and a purchaser would not need to meet the eligibility criteria listed above.
^There is an underground car park which can be accessed at the back of the building and residents can buy permits to use it (subject to availability). The current owners only owned a car for a brief period and used the 'St Ann's Car Park' opposite the building where monthly permits can also be purchased (subject to availability).
