£110,000

2 bed flat for sale
Stoke Road, Slough, Berkshire SL2

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • Shared ownership
  • Leasehold

Added on

SOWN - Shared Ownership

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About this property

  • Shared ownership apartment

  • Spacious 21ft open-plan living area

  • Modern fitted kitchen

  • Two generous bedrooms

  • Bathroom with bath & separate shower

  • Close to Slough town centre

  • Near parks, schools & transport links

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
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.

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More information

  • Tenure

    Leasehold (107 years)

  • Service charge

    £1,691 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - SOWN - Shared Ownership. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - Shared Ownership for full details and further information.