Shared Ownership

This superb modern home is available to buy from as little as £148,500 with a 55% share!

This modern one-bedroom apartment is located in the heart of Maidenhead. Situated on the first floor, this beautifully presented home features a spacious open-plan kitchen and reception room, leading out onto a private balcony – perfect for relaxing or enjoying morning coffee. The well-proportioned bedroom is filled with natural light, complemented by ample storage, and the bathroom is elegantly designed with modern fixtures.

Goldcrest House is located in a prime spot in Maidenhead, a town known for its excellent transport links and vibrant community. The property is within easy reach of Maidenhead Station, which offers fast connections to London Paddington via the Elizabeth Line, making it a commuter’s dream. The surrounding area offers a fantastic range of amenities, from local cafes and restaurants to high street shops and beautiful parks, including the scenic Thames Path for riverside walks. Maidenhead's regeneration projects have further enhanced the town's appeal, adding a contemporary feel to its historic charm. With excellent schools, leisure facilities, and transport links, this location is perfect for anyone looking to enjoy a balanced lifestyle close to the capital.

PRICING & AFFORDABILITY

Full Market Value: £270,000

55% Share Price: £148,500 (rent £355.97pcm)
Minimum 5% Mortgage Deposit (55% share): £7,425
Approximate Service Charges: £146pcm*
Shared Ownership Lease: approx. 122 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.

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 £270,000 and a purchaser would not need to meet the eligibility criteria listed above.
Service Charge: 1752.