Available

£140,000

Merton Road, Slough, SL1 1QA
Share 50% / Full price £280,000 / Min deposit £14,000

Apartment
2 bedrooms
2 bathrooms
Pets allowed

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Summary

Two bedroom apartment in central slough - suit sharers or families

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £80,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

SHARED OWNERSHIP

Full Market Value: £ 280,000

Share Value (50%): £ 140,000

Monthly Rent: £ 418.04

Service Charge: £ 177.48

Council Tax Band: C

990 year lease commenced March 2006 - 969 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

All rooms lead from a central hallway, with storage, in this dual aspect apartment in a block loacted in a quiet street. A good-sized square reception room leads into a kitchen fitted with a range of white wall and base units with marble effect work surfaces and including an integrated oven, hob and extractor as well as spaces for your white goods. There are two east facing double bedrooms, each with built in storage and the master having benefit of an en-suite shower room. A family bathroom, with shower over the bath, serves the second bedroom.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Duvall Court has a great variety of shops, restaurants and transport connects on the doorstep. Queensmere Shopping Centre and Slough High Street are an 8 minute walk away and offer a range of high street shops and restaurants. For your weekly food shop there are a Tesco and a Sainsburys both under a mile away. Slough town centre is enjoying an epic period of transformation with plans to create iconic buildings, open spaces and enhancing and improving local schools, providing high-quality new homes, a revamp of the shopping centres as well as extensive leisure facilities.

Slough Railway Station and the Elizabeth Line is a short walk away with scheduled journey times to London Paddington in 15 minutes. The M4 is 1 mile away with links to the A4 and M25 and the M40 is 10 miles away with links to Oxford and Birmingham. Heathrow Airport is also only a 15 minute drive from the apartment.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £46,168. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2026.

Description

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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
£140,000 Shared Ownership Resale Full price £280,000
Estimated monthly cost £1,266
£

How is this calculated?

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