House For Sale £312,000
Frimley Drive, Slough, SL1

SHARED OWNERSHIP (Advertised price represents 80% share. Full market value £390,000). This well-presented house forms one end of a modern, two-storey terrace and the favourable position allows for a two-car driveway and a significantly larger garden than many of the neighbouring properties. There is a ground-floor cloakroom just off the entrance hallway, a reception room with open staircase and a rear kitchen/dining room with patio doors. On the first floor is a spacious main bedroom plus a second good-sized double bedroom, a smaller third bedroom/study and a family bathroom. The energy-efficiency rating is good, thanks to wall and roof insulation, double glazing and a combination of solar and gas water heating. Frimley drive is conveniently located for access to the M4 and only a brief cycle ride from Burnham Station, for Elizabeth Line services between Reading/Maidenhead and Abbey Wood via central London and Canary Wharf. Slough Station and town centre are within easy reach. The nearest secondary school is Ofsted-rated 'Outstanding' and there are also well-thought-of primary schools in the local area.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM

[]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 2009).
Share Available: 80% (£312,000).
Shared Ownership Rent: £182.58 per month (subject to annual review).
Service Charge: £68.01 per month (subject to annual review).
Guideline Minimum Income: Dual - £69,600 Single - £80,400 (based on minimum share and 10% deposit).
Council Tax: Band D, Slough Borough Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

WHAT IS SHARED OWNERSHIP ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.

IS SHARED OWNERSHIP FOR YOU ?

The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.