House For Sale £260,000
A Brand New Three Bedroom Detached Home on the the outskirts of Henley on Thames available on a Shared Ownership Basis with SOHA. Highlands Park is a select development of new built homes located to take advantage of one of the most desirable Towns in the Country.
Henley is renowned for the Royal Regatta, Henley Music Festival and the Literary and Fringe Festival. Henley enjoys a fine variety of shops, restaurants, coffee/tea and public houses all within easy reach with further amenities in the nearby hubs of Reading and Maidenhead.
Henley Railway Station provides a link to mainline Twyford with access to the new Elizabeth line. The M4 (J8/9) provides access to Heathrow and the motorway network.
Recreational activities on the river are enjoyed in Henley. The surrounding countryside offers extensive walking and riding through a well-linked network of public footpaths.
Property Share Calculator:
Important Notice: Our calculators offer general guidance only and cannot be relied on as a confirmation for mortgage finance. All buyers must receive financial advice from a FCA authorised advisor and be able to submit a lender’s mortgage decision in principle with their application to buy a property.
Choose your percentage share, this is calculated currently at : 40%
Property Value: £650,000
Percentage Share: 40%
Share Value: £260,000
Estimated Monthly Service Charge: £33.30
Monthly Rent: £812.50
Minimum deposit required for share: £13,000
The availability of different percentage shares will be subject to financial assessment by Soha Housing Limited.
A service charge is payable to typically cover items such as communal area cleaning, grounds maintenance, buildings insurance etc. Please ask the Home Sales Team for a breakdown of the service charge for the plot you are interested in.
Please remember that your total monthly payment is the rent and service charge plus the mortgage payment you will make on the value of the percentage share you buy.
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. When you’re ready, in most cases you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
Your 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
DISCLAIMER:
Service charges are estimated and may subject to change.
Computer generated images are intended for illustrative purposes only and may not represent the actual finish or fittings in the development. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. Purchasers should view the property to check for themselves the final appearance and style.
Tenure: Leasehold
Lease Years Remaining: 125
Service Charge: £399.60 per year
Shared Ownership (%): 40%
Shared Ownership (Rent): £812.50 per month
Henley is renowned for the Royal Regatta, Henley Music Festival and the Literary and Fringe Festival. Henley enjoys a fine variety of shops, restaurants, coffee/tea and public houses all within easy reach with further amenities in the nearby hubs of Reading and Maidenhead.
Henley Railway Station provides a link to mainline Twyford with access to the new Elizabeth line. The M4 (J8/9) provides access to Heathrow and the motorway network.
Recreational activities on the river are enjoyed in Henley. The surrounding countryside offers extensive walking and riding through a well-linked network of public footpaths.
Property Share Calculator:
Important Notice: Our calculators offer general guidance only and cannot be relied on as a confirmation for mortgage finance. All buyers must receive financial advice from a FCA authorised advisor and be able to submit a lender’s mortgage decision in principle with their application to buy a property.
Choose your percentage share, this is calculated currently at : 40%
Property Value: £650,000
Percentage Share: 40%
Share Value: £260,000
Estimated Monthly Service Charge: £33.30
Monthly Rent: £812.50
Minimum deposit required for share: £13,000
The availability of different percentage shares will be subject to financial assessment by Soha Housing Limited.
A service charge is payable to typically cover items such as communal area cleaning, grounds maintenance, buildings insurance etc. Please ask the Home Sales Team for a breakdown of the service charge for the plot you are interested in.
Please remember that your total monthly payment is the rent and service charge plus the mortgage payment you will make on the value of the percentage share you buy.
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. When you’re ready, in most cases you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
Your 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.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
DISCLAIMER:
Service charges are estimated and may subject to change.
Computer generated images are intended for illustrative purposes only and may not represent the actual finish or fittings in the development. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. Purchasers should view the property to check for themselves the final appearance and style.
Tenure: Leasehold
Lease Years Remaining: 125
Service Charge: £399.60 per year
Shared Ownership (%): 40%
Shared Ownership (Rent): £812.50 per month
