Shared Ownership

Aquifer House, Exploration Way, Slough, SL1

£103,250
  • 1 beds
  • 1 baths
  • 1 reception
SOWN (Shared Ownership)
enquiries@sown.co.uk

Key Features

  • Brand new Shared Ownership home
  • Full access to ALL on-site amenities
  • Choice of 1 & 2 bedroom 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

Description

A little help to get you moving this Christmas. Get up to £500 towards your legal fees. - T&C’s apply^*

Plot 165- This brand new home is available to buy from as little as £103,250 with a 35% share^

Discover a stunning collection of brand-new 1 and 2 bedroom shared ownership apartments at the prestigious Horlicks Quarter. Built by Berkeley Homes, these properties feature high-specification interiors and offer exclusive access to exceptional on-site facilities. Residents can enjoy a 12-hour concierge service, a private cinema room, a state-of-the-art gym, a home-working hub, a rooftop garden, and a dedicated lounge complete with a pool table, kitchen, coffee station, and cosy seating areas. Designed to promote well-being and social connection, these facilities ensure that life at Horlicks Quarter extends far beyond your apartment walls.

Each home is crafted to a superb standard, boasting premium stone worktops with integrated Bosch appliances in the kitchen, elegant Karndean timber-effect flooring in the living areas, recessed LED lighting, and a modern audio/video door entry system. With a 10-year Premier Guarantee, residents can enjoy peace of mind.

Located on the fourth floor of Aquifer House, this one-bedroom apartment is part of an inspiring development that breathes new life into Slough's historic Horlicks Factory. Iconic features such as the Clocktower and towering chimney have been seamlessly integrated into the community's design. Lush landscaped gardens, tranquil water features, and thoughtfully regenerated historic spaces create a harmonious blend of heritage and modernity. This is urban living redefined — quality homes, unrivalled amenities, and a vibrant community in a central location.


PRICING & AFFORDABILITY

Full Market Value: £295,000

35% Share Price: £103,250 (rent £439.43pcm)
50% Share Price: £147,500(rent £338.02pcm)
75% Share Price: £221,250 (rent £169.01pcm)

Minimum 5% Mortgage Deposit (35% share): £5,163
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.

^* - LEGAL FEES PAID UP TO £500 INCENTIVE
1. Available on plots 141, 148, 151, 153, 160, 165, 186, 187, 209, 210, 211 and 215 at Horlicks Quarter only. Offer is to provide up to a maximum of £500 (including VAT) towards legal fees on the date of legal completion.
2. Only applicable to new reservations from 22 November 2024, when reserving on or before 5.00pm on 31 December 2024. Subject to contract. Exchange of contract within 42 days.
3. An allowance of £500 will be deducted from your final balance to pay on completion and reflected on your completion statement as 'incentive for legal fees'
4. This offer cannot be used in conjunction with any other offer. Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time.

; Council Tax Band: C; Service Charge: 1792.44

FIND YOUR PERFECT HOME

Shared Ownership can be daunting. No matter what your needs are, we're here to assist you every step of the way. Our team of experienced professionals is dedicated to providing you with personalised service and support to help you find your perfect home.

Calculate stamp duty online
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Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Shared Ownership

Aquifer House, Exploration Way, Slough, SL1

£103,250
  • 1 beds
  • 1 baths
  • 1 reception
SOWN (Shared Ownership)
enquiries@sown.co.uk

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