Just added

£109,000

1 bed flat for sale
Aquifer House, Exploration Way, Slough SL1

    • 1 bed

    • 1 bath

    • 1 reception

  • New home
  • Leasehold

Added on

SOWN - Shared Ownership

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About this property

  • Brand new Shared Ownership home

  • Full access to all on-site amenities

  • Choice of homes and different floors

  • Walking distance to Slough Train Station (Elizabeth line)

  • Elizabeth Line to Paddington in under 15 minutes

  • High spec 'Berkeley' built homes

  • On-site sales office

Secure A brand new home at horlicks quarter with deposits from as little as £1,363^

Set within one of Slough's most celebrated landmark developments, Aquifer House forms part of the remarkable regeneration of the historic Horlicks Factory. Centred around the iconic Clocktower and soaring chimney, this vibrant new neighbourhood seamlessly blends beautifully restored heritage buildings with contemporary homes, all surrounded by thoughtfully landscaped gardens, tranquil water features and outstanding residents' amenities. Combining premium specification, an unbeatable central location and a thriving community atmosphere, Aquifer House offers a truly distinctive place to call home.

Life at Horlicks Quarter is about so much more than your front door. Residents enjoy an unrivalled collection of exclusive amenities rarely found outside central London, including a 12-hour concierge, fully equipped residents' gym, private cinema room, co-working hub, stylish residents' lounge with games area, kitchen and coffee station, as well as a spectacular rooftop garden offering the perfect place to unwind. Set amongst beautifully landscaped grounds, the development also features a central piazza, café, nursery and vibrant communal spaces, creating a genuine sense of community within one of Berkshire's most exciting regeneration projects.

Located in the heart of Slough, Horlicks Quarter offers outstanding connectivity alongside its rich heritage. Slough station is just a short walk away, providing fast services into London Paddington, Bond Street, Canary Wharf and beyond as well as being on the Elizabeth Line, while Windsor, Heathrow Airport, the M4 and M25 are all within easy reach. Combining iconic architecture, exceptional resident facilities and renowned quality, this is an outstanding opportunity to enjoy premium apartment living in one of the South East's most sought after new neighbourhoods.
Pricing & affordability


Full Market Value: £272,500

25% Share Price: £68,125 (rent £468.36pcm)
40% Share Price: £109,000 (rent £374.69pcm)
50% Share Price: £136,250 (rent £312.24pcm)
75% Share Price: £204,375 (rent £156.12pcm)

Minimum 5% Mortgage Deposit (25% share): £3,406
Approximate Service Charges: £149.37 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: C
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.

At Horlicks Quarter you can buy a minimum 10% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

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

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and are subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

^Deposit amount is based on a 1-bedroom apartment with full market value £272,500 and purchasing a 10% share of the home with a 5% deposit on the value of the share you purchase. Deposit amounts required may vary depending on the full market value of each apartment and on your own personal circumstances. In some cases a larger deposit will be required in order to meet eligibility and affordability criteria or to buy a share larger than 10% of the home.

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This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

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More information

  • Tenure

    Leasehold (989 years)

  • Service charge

    £1,838 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

See all recent sales in SL1

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.