keaze logo

The Elms

Shared ownership

Elmgrove Road, Harrow, HA1 2TE

For salenew home
Shared ownership
Photo of The Elms
Live from space album cover

from

£86,875

with min. deposit

£4,344

25% Share from
£86,875
Full market price
£347,500
Minimum deposit
£4,344
Monthly rent
£597
Monthly service charge
£160
Annual ground rent
£0

1 bedroom flat

The Elms, Elmgrove Road, Harrow, HA1 2TE is now available!

  • 1 Bed prices from £86,875 (based on a 25% share of the full market value of £347,500)

 

  • 2 Bed prices start from £118,125 (based on a 25% share of the full market value of £472,500)

 

Description

The Elms is an exciting new development offering a variety of one and two bedroom Shared Ownership homes for individuals, couples and young families. Residing in the heart of Harrow, you are perfectly situated for accessing Central London, neighbouring Wembley and the historic Harrow on the Hill or simply sampling the delights that Harrow has to offer.

The flats feature a whole host of conveniences …

Features

Balcony

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£86,875

with min. deposit

£4,344

25% Share from
£86,875
Full market price
£347,500
Minimum deposit
£4,344
Monthly rent
£597
Monthly service charge
£160
Annual ground rent
£0
Octavia

Octavia

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

Similar properties

Beck Gardens
Shared ownership

Beck Gardens

new home

Langley Court, Roman Way, Beckenham

1 - 3

1

Minimum deposit

£8,688

25% Share from

£86,875

Full price

£347,500

Moat at Riverbrook Place
Shared ownership

Moat at Riverbrook Place

new home

Crawley

2

2

Minimum deposit

£8,688

25% Share from

£86,875

Full price

£347,500

The Elms
Shared ownership

The Elms

new home

Elmgrove Road, Harrow

2

2

Minimum deposit

£5,907

25% Share from

£118,125

Full price

£472,500