1 bed flat for sale

Apartment Orchid House, Maidenhead, Berkshire SL6

This bright modern well decorated one bedroom apartment is now available in Maidenhead through Shared Ownership.

The property on the first floor comprises an entrance hall with a storage cupboard, spacious living room with a modern kitchen, a large bedroom, and a bathroom.

Outside, there is a private balcony, bike storage, a building lift, and allocated off-street parking. Perfect for couples or singles.

Available for £110,000 for 40% share based on the marketing figure of £275,000.

Monthly rent - £489.80
Monthly Service Charge - £194.81
Total Monthly Charge - £684.61 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The apartment is situated approx. 0.6 miles south of Maidenhead town centre and benefits from close proximity to the A404(M). There are 10 schools within 1 mile. The nearest train station is Maidenhead (0.4 miles).

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

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.