Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Emperor Lodge, 2 bed homes


Montague Close, Slough, Buckinghamshire, SL2 3ET

Shared ownership

Starting prices

50% share from
£130,000
Full price
£260,000
Monthly rent
£379
Monthly service charge
£137

Overview

This light and airy second floor flat in Slough is available for sale through the Shared Ownership Scheme. The property comprises two double bedrooms, spacious open plan living area with fitted kitchen and modern bathroom. Externally the property offers allocated parking space. This property is ideal for first time buyers or a small family.

- Minimum income requirement - £42,984

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

A two bedroom second floor apartment located in Slough available for sale through the Shared Ownership Scheme.
Available for £130,000 for 50% share based on the marketing figure of £260,000.

SO Resi Monthly Payment - £379.27
Monthly Service Charge - £137.07
Total Monthly Charge - £516.34 PLUS MORTGAGE REQUIRED FOR 50% SHARE.

Two bedroom second floor purpose built flat within a three storey building of similar properties constructed around 2007. Located within a modern residential development of mixed properties, with local shops available nearby at Farnham Royal. Other amenities, including railway station, located at Slough town centre.

 

Ground Floor
Communal entrance lobby with staircase

Second Floor
Private entrance hall with fitted storage and airing cupboards. Bedroom 1: 3.78 x 2.65. Ensuite shower room with WC.

Bedroom 2
3.41 x 2.76. Bathroom with WC.

Open plan kitchen/reception room
4.62 x 5.46.

Outside
Communal grounds and areas, including bin and bike stores. Allocated parking space. Additional visitor parking spaces

 
EPC rating
Energy Rating Band - C
Environmental Impact Band - C


Local area information

The property is located in the centre of local facilities; Farnham Common High Street is a 20-30 min walk, Farnham Road with all the amenities is the same walk but both short drive. Closest train station is Slough. Local schools in walking distance. Close to M40 and M4, 15-20 mins away from Slough train and bus station and Gerrards Cross Station. Nearest bus stops are a two min walk to Beaconsfield Road where buses go to High Wycombe via Farnham Common, Beaconsfield and Loud water. In the other direction to Slough Central via the trading estate.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£130,000
Full price
£260,000
Monthly rent
£379
Monthly service charge
£137