1 bedroom apartment for sale
Cedars Road, Maidenhead, SL6 1RY
Share percentage 50%, full price £220,000, £5,500 Min Deposit.
Share percentage 50%, full price £220,000, £5,500 Min Deposit
Monthly Cost: £1,000
Rent £299,
Service charge £103,
Mortgage £598*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Maidenhead, Berkshire
Description
Tranquil ground-floor apartment now available in the heart of Maidenhead through Shared Ownership.
The flat comprises a large living room with a secondary door to communal gardens, a separate kitchen and a good-sized bedroom. This could be ideal for a couple or a single person.
There is also allocated parking and an additional spot for visitors.
Available for £110,000 for 50% share based on the marketing figure of £220,000.
Monthly rent - £299.27
Monthly Service Charge - £103.11
Total Monthly Charge - £402.38 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area, just outside the town centre and half a mile from the train station.
The location is incredibly convenient, as the town is served by the new Elizabeth Line as well as the regular train. Central London can be reached in roughly half an hour.
The entries to the motorways A308(M), A404(M) and M4 are also a 5-minute drive, making road travel also incredibly convenient.
All local amenities are nearby and within walking distance, including pubs, restaurants and large supermarkets.
Maidenhead is also known for being a relatively safe town and with many great schools.
There are also natural areas such as Taplow Lake and Braywick Park.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 38 m²
Living room: 4.95 x 2.95 m
Kitchen: 2.57 x 1.98 m
Bedroom: 3.43 x 3.25 m
Years remaining on lease: 963
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other information(The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer)
Key Features
- One-bedroom apartment
- Travel to London in 36 min
- Easy access to motorways
- Great communal gardens
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £220,000, £5,500 Min Deposit. Calculated using a representative rate of 4.78%
