Available

£68,750

Trinity Place, Park Street, SL6 1TJ
Share 25% / Full price £275,000 / Min deposit £3,438

Apartment
1 bedroom
1 bathroom

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Summary

This superb modern home is available to buy from as little as £68,750 with a 25% share!

Eligibility

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.

Description

Shared Ownership

This superb modern home is available to buy from as little as £68,750 with a 25% share!

Set in the very heart of Maidenhead, Trinity Place features a magnificent communal podium garden for residents to enjoy. The open plan accommodation features large lounge/kitchen/dining area with access to a private balcony, a double bedroom and a bathroom.

In the centre of Maidenhead, there is a superb selection of retail shops and entertainment venues within easy reach. Whether you are looking for the perfect outfit from popular high street stores including H&M or Topshop, or checking out what's showing at the Odeon Luxe for a relaxing movie night. Only a few minutes’ drive away, Bray's old world charm plays host to a number of independent boutiques and beauty salons. Not to mention a selection of Michelin star restaurants and cosy pubs to choose from.

It sits less than 30 minutes by train to central London and is also on the Elizabeth Line, making it will be possible to reach Heathrow in 23 minutes, Bond Street in 39 minutes and Canary Wharf in just 55 minutes. With the M4 and a great road network on your doorstep, Maidenhead is well positioned for easy access to global headquarters as well as Heathrow Airport.

PRICING & AFFORDABILITY

Full Market Value: £275,000

25% Share Price: £68,750 (rent £533.64pcm)
Minimum 5% Mortgage Deposit (25% share): £3,438
Approximate Service Charges: £161.84 pcm*
Lease: 243 years remaining

Description

Property information & downloads

Key features

Material information

Floor plan
Local area information
My Places Include travel time from key places

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
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£68,750 Shared Ownership Resale Full price £275,000
Estimated monthly cost £1,069
£

How is this calculated?

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