Available

£110,000

Novello House, Stoke Road, SL2 5BW
Share 50% / Full price £220,000 / Min deposit £5,500

Apartment
2 bedrooms
2 bathrooms

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Summary

This superb modern home is available to buy from as little as £110,000 with a 50% 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.

** This home can also be purchased outright (100% of the value) which is £220,000 and a purchaser would not need to meet the eligibility criteria listed above.

Description

This superb modern home is available to buy from as little as £110,000 with a 50% share!

Set within a well-regarded development in Slough, this spacious and beautifully presented apartment offers stylish, low-maintenance living throughout.

At the heart of the home is an impressive open-plan kitchen and lounge, extending to over 21ft in length a fantastic space for entertaining, working from home or simply relaxing, filled with natural light. The kitchen is fitted with a good range of units and worktop space, flowing seamlessly into the generous living area.
Two well-proportioned bedrooms complete the accommodation, both offering excellent flexibility for a home office or guest room. A contemporary family bathroom, fitted with a bath and separate shower, plus additional storage, round off this thoughtfully designed apartment.

The apartment is well placed for Slough town centre, offering an excellent range of shops, cafés, restaurants and everyday amenities, along with The Curve leisure and cultural centre and a good choice of supermarkets. The surrounding area is well served by good schools, parks and healthcare facilities, with Salt Hill Park and Herschel Park both within easy reach.

Commuters are especially well catered for. Slough station offers fast, frequent services into London Paddington, now further boosted by Elizabeth line connections providing direct access across central London, Canary Wharf and beyond. Good road links via the M4 and A4 connect easily to Reading, Heathrow Airport and central London, making this a highly convenient base for both work and leisure. Regular local bus services further support easy, car-free travel.

PRICING & AFFORDABILITY

Full Market Value: £220,000

50% Share Price: £110,00 (rent £328.49pcm)
Minimum 5% Mortgage Deposit (50% share): £5,500
Approximate Service Charges: £140.93pcm*
Lease: 107 years

Description

Property information & downloads

Key features

Material information

Floor plan
Local area information
Stations
Showing nearest stations
  • Slough Rail Station (0.4km)
  • Slough Rail Station (0.4km)
  • Windsor & Eton Riverside Rail Station (3.4km)
  • Windsor & Eton Riverside Rail Station (3.4km)
  • Langley (Berks) Rail Station (3.6km)
  • Langley (Berks) Rail Station (3.6km)
  • Datchet Rail Station (3.7km)
  • Datchet Rail Station (3.7km)
  • Windsor & Eton Central Rail Station (3.8km)
  • Burnham (Berks) Rail Station (3.9km)
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
£110,000 Shared Ownership Resale Full price £220,000
Estimated monthly cost £1,094
£

How is this calculated?

Request details from the housing provider