Share Price £100,000 (from 40% Min. Share)
Full Value £250,000 | £10,000 Min. Deposit
Scheme: Shared Ownership Resalescheck_circle Available now
2 bedroom apartment in Slough - Slough
place Priority Heights, SL1 4NN
Catalyst Housing resales
Two bedroom flat on the 4th floor with a lift and balcony in Slough is available now on a part-buy/part-rent scheme. Approx. 85 years remaining on the lease.
To be eligible for this property you must be earning a household income of at least
£ 49,553 with a deposit of £ 10,000 and live or work in the Slough authority area.
Master Bedroom 1 – approx. (1.579m2)
Double room, fitted wardrobe, carpeted, with a window and heating.
Bedroom 1 – approx. (1.244m2)
Double, carpeted and heating.
Bathroom WC/1– approx. (0.650m2)
White bathroom suite, tiled with a bath and shower.
Kitchen – approx. (1.610m2)
All kitchen appliances and tiled flooring. Good view from kitchen window.
Lounge – approx. (1.67m2)
Carpeted, heating with a doubled glazed door leading to a balcony.
Hallway:2 Storage cupboards, smart meter & intercom.
- Shared front garden
- Shared rear garden
- Street Parking
- Allocated parking space
Energy Efficiency Rating – B
Environmental Rating – C
If you would like to view this property it will be at your own risk and choice following government advice below:
Virtual viewings are recommended and available upon request.
To request an application of interest form, please contact our Sales Team on:
0208 832 3247 or email@example.com
Please return your completed interest form to: firstname.lastname@example.org by Monday 8th June 2020 5pm.
Your interest form will be sent to Slough Council nomination Team who will decide who will be allocated the property.
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date.
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.
Sale Price and Equity
Full market value:£ 250,000
Monthly net rent:£ 700.32
Monthly service charge:£ 195.01
Share price:£ 100,000
The rent review is every April. Quoted rental figures are based on the 2020/21 financial year.