Shared Ownership
This superb modern home is available to buy from as little as £80,500 with a 35% share!
Situated in the popular Piggott Place development, this ground floor apartment features an open plan kitchen/living area, a double bedroom and a modern bathroom. externally are communal grounds and an allocated parking space.
Piggott Place is ideally positioned in Slough, offering easy access to a wide range of everyday amenities including supermarkets, cafés, restaurants and leisure facilities. Families and professionals alike benefit from nearby green spaces, excellent local schools and convenient shopping options. The property is also well placed for access to the extensive amenities of both Slough and Langley, while the surrounding Berkshire countryside is just a short drive away.
Commuters are particularly well served, with Langley Station (Elizabeth Line) and Slough Station providing fast services into London Paddington, the West End and Canary Wharf. The property also enjoys excellent road links via the M4 (Junction 5), M25 and A4, making Heathrow Airport, Reading and Central London all easily accessible.
PRICING & AFFORDABILITY
Full Market Value: £230,000
35% Share Price: £80,500 (rent £450pcm)
Minimum 5% Mortgage Deposit (35% share): £4,250
Approximate Service Charges: £121pcm*
Lease: 114 years remaining
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.
