1 bedroom apartment for sale
Windmill Road, Slough, SL1 3SN
Share percentage 40%, full price £205,000, £4,100 Min Deposit.
Share percentage 40%, full price £205,000, £4,100 Min Deposit.
Monthly Cost: £1,166
Rent £587,
Service charge £122,
Mortgage £457*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Slough, Berkshire
Description
Spacious and modern one/two-bedroom apartment now available in Slough with Shared Ownership.
The property is over two storeys, reaching the top floor, with a living room and open-plan fitted kitchen, and a small bedroom, on the second floor. Upstairs there's an open deck, which can be used as a second bedroom or lounge.
There's also a private balcony on the second floor, and the building has a shared garden area as well.
Available for £82,000 for 40% share based on the marketing figure of £205,000.
Monthly rent - £587.43
Monthly Service Charge - £121.97
Total Monthly Charge - £709.40 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area west of Slough and a stone's throw away from Slat Hill Park.
Slough's town centre is just about a mile away, and the railway station can be reached on foot in about 20 minutes, where the Elizabeth Line can lead to Paddington, London, in half an hour.
Road travel is also strategically convenient, thanks to the M4, M40 and M25, with the entrance to the motorway just a 5-minute drive away.
Heathrow Airport can be reached in less than 20 minutes by car or via bus links.
All amenities are nearby, with more pubs, restaurants and shops in the shopping centre in Slough.
There are also several schools in the area, all a short drive away.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 79
In certain cases, 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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- One/two-bedroom apartment
- Open deck
- Private balcony
- Great transport links
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 40%, full price £205,000, £4,100 Min Deposit. Calculated using a representative rate of 5.03%
