03:31PM, Tuesday 07 September 2021
With house prices continuing to soar, it’s no surprise that young professionals need an extra hand to help take their first step on the housing ladder across the country. And it’s no different in Maidenhead, with the latest figures by Rightmove showing that the average house price in the market town sits at £572,286.
SO Resi, the shared ownership brand of Metropolitan Thames Valley Housing, is on hand to help make homeownership a reality, and first time buyers can purchase affordable, slick, and stylish homes at SO Resi’s new Maidenhead development. A collection of two-bedroom apartments are available and ready to move into.
Taking a step onto the property ladder
For those looking to buy their first home without breaking the bank, shared ownership could be a viable option. This is an accessible route to homeownership, with buyers able to purchase a minimum 25% share at SO Resi Maidenhead with a low 10% deposit of £9,125. Buyers also have the opportunity to gradually increase their share through a process called ‘staircasing’ until they own 100% of the home.
Whether you’re looking for some riverside tranquility or a lively social scene, Maidenhead has it all. Indulge in some serious retail therapy, treat yourself to a feast in one of many Michelin-starred restaurants close by, or unwind with a stroll along the iconic Thames.
Maidenhead is home to several sporting clubs such as Braywick Park, so if you’re a player or a spectator, there’s plenty of activities for you to get stuck into and enjoy. If you want a bit more peace and quiet, you can go and visit the wildlife that thrives in the 15-hectare Local Nature Reserve, perfect for taking a walk or enjoying a picnic.
Life at SO Resi Maidenhead offers an easy commute for both work and play – with the train station moments from the development. Maidenhead offers frequent rail services to London Paddington and west to Reading in less than an hour. There are also excellent road links nearby including the M4, M25 and M40 for travel further afield.
All homes at SO Resi Maidenhead have been cleverly designed to maximise both space and light, with a contemporary open-plan design to accommodate entertaining, relaxing and homeworking.
Residents will be able to enjoy access to outdoor space with selected views overlooking the Thames from either a terrace or balcony. Inside, there are comfortable and social living areas, fitted kitchen appliances and luxurious Amtico flooring throughout.
Kush Rawal, Director of Residential Investment at Metropolitan Thames Valley Housing, comments: “The apartments available at SO Resi Maidenhead allow you to buy your home, your own way. Start with a share that’s right for you, then you can buy extra shares overtime, so it’s manageable and suits your income. These apartments are the perfect choice for first time buyers looking to buy their first home.”
What can I buy?
There are a number of two-bedroom apartments available through shared ownership at SO Resi Maidenhead, with prices starting from £91,250 for a 25% share in a two-bedroom apartment [full market value: £365,000].
To find out more about SO Resi Maidenhead, or to arrange a viewing, visit https://bit.ly/3B1TVZG or call 020 8607 0550.
This weekend’s smart motorway closures on the M4 will be shorter than usual due to separate bridge works taking place in West Berkshire (Junctions 13-14)