Grand Union

A collection of Studios, 1, 2 & 3-bedroom Shared Ownership apartments COMING SOON to Wembley! 

Located next to the Grand Union Canal, Grand Union offers stunning studios, 1, 2 & 3-bedroom apartments for Shared Ownership in the heart of Wembley. Each apartment boasts a fitted kitchen with integrated appliances, open living spaces, and one or more private balconies to each apartment, and concierge service. 

Key Features

• 1, 2 & 3-bedroom apartments
• Balconies to all apartments, with multiple to selected plots
• En-suites to selected plots 
• 260-year lease
• Excellent transport links with the Bakerloo and Piccadilly lines within walking distance of the development
• Contemporary fully fitted kitchen with integrated appliances
• Plush fitted carpets in bedrooms for added comfort
• Ready to move into

Key Information

1-bedrooms from:

Tenure: Shared Ownership
Available Shares from: 25%
Full Market Value: £370,000
Share Value (initial purchase) from: £92,500

Rent (on unsold equity): from £636
Service Charge: from £171 per month
Lease Length: 260 years 

Council Tax Band: C
EPC Rating: TBC

2-bedrooms from:

Tenure: Shared Ownership
Available Shares from: 25%
Full Market Value: £492,500
Share Value (initial purchase) from: £123,125

Rent (on unsold equity): from £846
Service Charge: from £280 per month
Lease Length: 260 years 

Council Tax Band: D
EPC Rating: TBC

3-bedrooms from - 

Tenure: Shared Ownership
Available Shares from: 25%
Full Market Value: £592,000
Share Value (initial purchase) from: £148,000

Rent (on unsold equity): from £1018
Service Charge: from £437 per month
Lease Length: 260 years 

Council Tax Band: E
EPC Rating: TBC

Please note that higher shares may be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment. 

Development & Location

Located in the London Borough of Brent, this development offers convenient access to central London via the Bakerloo and Piccadilly lines from nearby Stonebridge Park and Alperton stations. The area boasts excellent restaurants and nightlife, as well as the iconic Wembley Stadium and OVO Arena just an 11-minute cycle away. The area also offers a diverse community, with an abundance of local shops, eateries, bars, and leisure activities nearby.  

Eligibility

Shared Ownership is designed to help first-time buyers and those who do not currently own a home get onto the property ladder.
To be eligible, you must:

• Have a household income of under £90,000 
• Be unable to purchase a suitable home on the open market
• Have a good credit history and be able to obtain a mortgage

Shared Ownership is a government-backed scheme that helps people get on the property ladder. You start by buying just a share of your home. You'll typically only need a 5% deposit of the share you purchase, making it more affordable to get started. Buying a smaller share also means it can be easier to secure a mortgage and take your first step onto the property ladder.

You can buy more shares of your home at any time in the future, working towards owning your home outright.