Shared Ownership
This superb modern home is available to buy from as little as £76,500 with a 30% share!
A well-presented and generously proportioned first floor flat, ideally situated on Eaton Avenue in Slough, offering comfortable and practical living with the added benefit of allocated parking.
This attractive property provides approximately 724 sq ft of well-planned accommodation, making it an excellent choice for first-time buyers, investors, or professionals seeking convenient access to local amenities and transport links.
The flat features a bright and spacious reception room, offering ample space for both living and dining, ideal for relaxing or entertaining guests. The separate fitted kitchen is thoughtfully laid out and benefits from good worktop and storage space, creating a functional and efficient cooking environment.
There are two well-proportioned bedrooms, both capable of accommodating double beds and additional furniture. The principal bedroom is particularly generous in size, while the second bedroom is perfect as a guest room, home office, or nursery. A neatly arranged family bathroom completes the internal accommodation.
The layout is practical and flows well, with clearly defined living and sleeping areas, enhancing privacy and day-to-day comfort.
Externally, the property benefits from allocated parking, a valuable feature in this location, providing convenience and peace of mind for residents.
The property is ideally located on Eaton Avenue, a well-regarded residential road offering a quiet setting while remaining highly convenient for everyday living. Slough town centre is close at hand, providing a wide range of shopping, leisure, and dining options, including The Observatory Shopping Centre and a variety of supermarkets, cafés, and restaurants. The area is well served by reputable schools, parks, and recreational facilities, making it suitable for both professionals and families. Excellent transport links are a key feature, with Slough mainline station offering fast services to London Paddington in under 20 minutes, as well as strong Crossrail (Elizabeth Line) connections. Road users benefit from easy access to the M4, M25, and M40, ensuring straightforward travel across the Thames Valley, Heathrow Airport, and the wider motorway network.
PRICING & AFFORDABILITY
Full Market Value: £255,000
30% Share Price: £76,500 (rent £428.76 pcm)
Minimum 5% Mortgage Deposit (30% share): £3,825
Approximate Service Charges: £255.68 pcm*
Lease: 134 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 £255,000 and a purchaser would not need to meet the eligibility criteria listed above.
