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£29,500
This superb modern home is available to buy from as little as £29,500 with a 10% 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 £295,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £29,500 with a 10% share!
Situated within the highly sought after Horlicks Quarter development, this beautifully presented one bedroom apartment offers contemporary living in a prime central Slough location. The accommodation comprises a spacious open plan living/dining room with a modern fitted kitchen, a generous double bedroom with fitted wardrobe space, a stylish bathroom and useful storage cupboards accessed from the entrance hallway.
The apartment also benefits from a private balcony, providing an ideal space to relax and unwind and residents get FULL ACCESS to the stunning on-site facilities – this includes a 12-hour concierge service, a cinema room, private residents gym, a home-working hub, rooftop garden and a dedicated residents lounge with seating area, pool table, kitchen and coffee room.
Horlicks Quarter is one of Slough’s most exciting regeneration developments, blending modern homes with landscaped communal spaces and premium resident facilities. Residents enjoy easy access to a wide range of shops, cafés, restaurants and leisure amenities within Slough town centre, while nearby Windsor offers further shopping, dining and historic attractions including Windsor Castle and the Long Walk. The development is also well positioned for access to local parks, gyms and everyday conveniences.
For commuters, the property is exceptionally well connected. Slough Mainline Station is within easy reach and provides Elizabeth Line services alongside fast connections into London Paddington in approximately 15 minutes. The M4, M25 and A4 are all easily accessible, offering excellent road links to Heathrow Airport, Central London and the wider motorway network.
PRICING & AFFORDABILITY
Full Market Value: £295,000
10% Share Price: £29,500 (rent £670.07pcm)
Minimum 5% Mortgage Deposit (10% share): £1,475
Approximate Service Charges: £149.37pcm*
Lease: 988 years remaining
Sown Shared Ownership
