Shared ownership: Now launched at Central Square

Shared ownership has launched at Central Square in leafy Hanwell – with deposits from just £4,188 required.

The sleek one and two-bedroom apartments at Central Square combine a prime West London location with a superb specification that demonstrates exceptional value for money. Prices start from £83,750 for a 25 per cent share of a one-bedroom apartment (full market value: £335,000) and from £108,750 for a 25 per cent share of a two-bedroom apartment (full market value: £435,000), with five per cent deposits required from just £4,188.

With shared ownership, you buy a share of a property which can be as little as 25 per cent and usually no more than 75 per cent of its full value. Deposits are from just five per cent, dependent upon your individual circumstances, of the share you purchase – you then take out a mortgage to cover the rest of your share and pay rent on the remaining share directly to Broadway Living, as well as a service charge. Anyone with a joint household income of less than £90,000 can apply.

The apartments feature an open-plan layout with vast windows that create bright living spaces and offer panoramic views from the higher floors – ideal for entertaining. All kitchens include an integrated Zanussi washer/dryer, fridge/freezer and dishwasher. Every two-bedroom apartment includes an en suite shower room to the main bedroom and in every home the main bedroom also includes fitted wardrobes.

Providing respite from the hustle and bustle of the city, buyers have access to plenty of outdoor space; each apartment has its own private balcony and there are communal landscaped gardens for all the residents to enjoy. Residents benefit from a bicycle hire membership from Brompton Bikes and will receive a free, three-year membership to the Enterprise Car Club; a car will be stationed at Central Square. Broadway Living – the development arm of Ealing Council – will also deliver a playground, community hub and a local shop for the day-to-day essentials.

Ealing is one of the most attractive neighbourhoods in the capital. Located within easy reach of central London, its extensive green space adds a village charm to the bustling high street. A range of shops, bars and restaurants, together with a dynamic new urban quarter, Dicken’s Yard, which offers lifestyle brands, leisure activities and a weekly artisan market are located in the centre of Ealing, just two miles from Central Square.

Castle Bar Park train station is situated at the centre of Copley W7 just a minute’s walk from Central Square, offering services to London Paddington via West Ealing station in 23 minutes. Copley W7 is a ten-minute cycle from Ealing Broadway station, which is connected by the Overground, District and Central Line train services.

To find out more information, contact the sales team.