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£246,000
This superb modern home is available to buy from as little as £246,000 with a 40% share!
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 £615,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership!
A beautifully presented modern family home offering comfort, style, and convenience in a sought-after residential area. The ground floor features a bright and welcoming entrance hall leading to a contemporary kitchen/diner and a spacious living room with direct access to the garden, perfect for entertaining or relaxing. A convenient downstairs WC adds to the practicality of this thoughtfully designed layout. Upstairs, you’ll find three well-proportioned bedrooms, including a master bedroom complete with its own ensuite, as well as a stylish family bathroom. With its smart layout, modern finishes, and desirable location close to local schools, shops, and transport links, this home is ideal for families and professionals alike looking to enjoy life in Uxbridge.
Situated in a quiet and friendly neighbourhood, Masterman Place benefits from an excellent location with everything you need close by. Uxbridge town centre is just a short distance away, offering a wide range of shops, cafés, restaurants, and entertainment options, including The Pavilions and Intu shopping centres. Families will appreciate the selection of highly regarded local schools, parks, and leisure facilities nearby. For commuters, the property enjoys superb transport connections — Uxbridge Underground Station provides access to the Metropolitan and Piccadilly lines for direct routes into Central London, while the A40, M25, and M40 motorways are all easily accessible for convenient road travel. With Heathrow Airport only a short drive away and beautiful green spaces such as Fassnidge Park and the Colne Valley Regional Park close at hand, this location perfectly combines urban convenience with a relaxed suburban lifestyle.
PRICING & AFFORDABILITY
Full Market Value: £615,000
40% Share Price: £246,000 (rent £1068.93 pcm)
Minimum 5% Mortgage Deposit (% share): £12,300
Approximate Service Charges: £99.24 pcm*
Lease: 120 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership