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Shared ownership
£72,500

1 bedroom apartment for sale

Trinity Place, Park Street, Maidenhead
Apartment
1 bed
1 bath
Added < 7 days

Key information

TenureLeasehold | unconfirmed share | 243 yrs left
Service charge£1,942.08 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Modern Shared Ownership home
  • Less than ½ mile from Maidenhead train station
  • Balcony
  • Communal podium garden
  • Town centre location
  • Long lease
Shared Ownership

This superb modern home is available to buy from as little as £72,500 with a 25% share!

Set in the very heart of Maidenhead, Trinity Place features a magnificent communal podium garden for residents to enjoy. The open plan accommodation features large lounge/kitchen/dining area with access to a private balcony, a double bedroom and a bathroom.

In the centre of Maidenhead, there is a superb selection of retail shops and entertainment venues within easy reach. Whether you are looking for the perfect outfit from popular high street stores including H&M or Topshop, or checking out what's showing at the Odeon Luxe for a relaxing movie night. Only a few minutes’ drive away, Bray's old world charm plays host to a number of independent boutiques and beauty salons. Not to mention a selection of Michelin star restaurants and cosy pubs to choose from.

It sits less than 30 minutes by train to central London and is also on the Elizabeth Line, making it will be possible to reach Heathrow in 23 minutes, Bond Street in 39 minutes and Canary Wharf in just 55 minutes. With the M4 and a great road network on your doorstep, Maidenhead is well positioned for easy access to global headquarters as well as Heathrow Airport.

PRICING & AFFORDABILITY

Full Market Value: £290,000

25% Share Price: £72,500 (rent £533.64pcm)
Minimum 5% Mortgage Deposit (25% share): £3,625
Approximate Service Charges: £161.84 pcm*
Lease: 243 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.

Property information from this agent

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Area statistics

Crime score
High crime
10/10
Home prices (average)
1 bedroom apartments
£221,242

About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
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