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)

Upper Meadow Hedgerley Lane Gerrards Cross, 2 bed homes


Drake Way, Gerrards Cross, South Bucks, RG2 0GZ

Shared ownership

Starting prices

40% share from
£160,000
Full price
£400,000
Monthly rent
£539
Monthly service charge
£183

Overview

Two bedroom flat available through Shared Ownership Scheme

A well presented two bedroom flat in good condition. The accommodation comprises of private entrance hall, bathroom with wc, open plan kitchen/reception room and two double bedrooms. Outside there are well-kept communal grounds and areas, including bin and bike stores. The property also benefits from allocated and visitor parking spaces, double glazing and gas fired central heating.

Available for £160,000 for 40% share based on the marketing figure of £400,000
SO Resi Monthly Payment -£539.19
Monthly Service Charge -£183.41
Total Monthly Charge -£712.60 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Entrance Hall
Storage cupboards

Bathroom with WC
White suite
Shower over bath

Bedroom one
3.44m x 3.16m
Fitted wardrobe

Bedroom two(Currently used as dining room)
2.76m x 3.45m

Living room with Open Plan Kitchen
Living area - 3.42m x 4.41m
Kitchen area - 2.06m x 3.41m
Appliances include gas hob and cooker, washing machine and fridge freeze

Outside
Well-kept communal grounds and areas
Bike store
Allocated parking space

EPC Rating

Energy Rating Band - C
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.


Local area information

Located within a modern residential development of mixed properties close to Gerrards Cross town centre and station. Good access to M40 and M25 motorways.


Housing Provider

SO Resi
Shared ownership

Starting prices

40% share from
£160,000
Full price
£400,000
Monthly rent
£539
Monthly service charge
£183