1 bedroom apartment for sale
Goldcrest House, SL6 1BG
Share percentage 55%, full price £270,000, £7,425 Min Deposit.
Share percentage 55%, full price £270,000, £7,425 Min Deposit
Monthly Cost: £1,329
Rent £356,
Service charge £146,
Mortgage £827*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £270,000 and a purchaser would not need to meet the eligibility criteria listed above.
Summary
This superb modern home is available to buy from as little as £148,500 with a 55% share!
Description
This modern one-bedroom apartment is located in the heart of Maidenhead. Situated on the first floor, this beautifully presented home features a spacious open-plan kitchen and reception room, leading out onto a private balcony – perfect for relaxing or enjoying morning coffee. The well-proportioned bedroom is filled with natural light, complemented by ample storage, and the bathroom is elegantly designed with modern fixtures.
Goldcrest House is located in a prime spot in Maidenhead, a town known for its excellent transport links and vibrant community. The property is within easy reach of Maidenhead Station, which offers fast connections to London Paddington via the Elizabeth Line, making it a commuter’s dream. The surrounding area offers a fantastic range of amenities, from local cafes and restaurants to high street shops and beautiful parks, including the scenic Thames Path for riverside walks. Maidenhead's regeneration projects have further enhanced the town's appeal, adding a contemporary feel to its historic charm. With excellent schools, leisure facilities, and transport links, this location is perfect for anyone looking to enjoy a balanced lifestyle close to the capital.
PRICING & AFFORDABILITY
Full Market Value: £270,000
55% Share Price: £148,500 (rent £355.97pcm)
Minimum 5% Mortgage Deposit (55% share): £7,425
Approximate Service Charges: £146pcm*
Shared Ownership Lease: approx. 122 years
Council Tax Band: C
Key Features
Modern Shared Ownership home
Beautifully presented
Easy access to Maidenhead train station
Private balcony
Double bedroom
Open plan living space
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: C
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 - Private Balcony
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 55%, full price £270,000, £7,425 Min Deposit. Calculated using a representative rate of 5.03%
