Novello House, Slough, Greater London, SL2 5BW

This bright and modern two-bedroom apartment is now available in Slough through Shared Ownership.

The property on the third floor comprises an entrance hall, a living room with a modern open-plan kitchen, two bedrooms (one en-suite) and a bathroom.

Outside, there are communal grounds and allocated parking. Ideal for couples and small families.

This Shared Ownership property is subject to a Section 106 agreement, meaning specific eligibility criteria such as local connection requirements apply.

All purchasers must be approved by the local authority and the housing provider. Available for £110,000 for 50% share based on the marketing figure of £220,000.

Monthly rent - £312.85 Monthly Service Charge - £205.31 Total Monthly Charge - £518.16 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.

Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April Location The property is in a tranquil, established residential area in Slough, about a 10-minute walk from the railway station.

Trains and the Elizabeth Line can get to London in under 20 minutes. All amenities are nearby, and there is also a large shopping centre in Slough's town centre.

Road travel is also convenient thanks to the M4 motorway being only a 10-minute drive away.

EPC rating Energy rating band - C Environmental impact band - C 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.