1 bedroom apartment for sale
Blenheim Court, , SL6 1AQ
Share percentage 30%, full price £245,000, £3,675 Min Deposit.
Share percentage 30%, full price £245,000, £3,675 Min Deposit.
Monthly Cost: £983
Rent £429,
Service charge £145,
Mortgage £409*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Maidenhead, Berkshire
Description
A spacious one-bedroom apartment on the ground floor is available for Shared Ownership in Maidenhead. The property comprises an entrance hall with storage, an open plan kitchen, lounge, and dining room, one bedroom, and a bathroom. The property also benefits from an allocated off-street parking space and access to the communal garden.
Available for £73,500 for 30% share based on the marketing figure of £245,000.
Monthly rent - £428.77
Monthly Service Charge - £144.78
Total Monthly Charge - £573.55 plus mortgage required for 30% share.
An annual rent increase takes place every April
Layout and dimensionsThe gross internal floor area amounts to approx. 49m².
The accommodation comprises:
• entrance hall
• kitchen, lounge and dining room
• 1 bedroom
• bathroom with integral bath/shower
Outside
The flat has an allocated, underground, off-street parking space.
The flat has access to a shared garden area.
The external condition of the building is good.
Years remaining on lease: 84
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - D
Key Features
- One bedroom
- Ground floor
- Communal garden
- Allocated off-street parking space
- Close to local amenities
- 5% Deposit
- Available for 30% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £245,000, £3,675 Min Deposit. Calculated using a representative rate of 5.03%
