2 bed flat for sale

Kings Reach, Slough, Berkshire SL3

Shared Ownership

This superb modern home is available to buy from as little as £XXX, XXX with a XX% share!

A stylish and well-maintained two-bedroom ground floor apartment situated in a quiet, family-friendly development within close proximity to Heathrow Airport and excellent transport links via the M4 corridor into London. The area is served by reputable local schools, including nearby grammar schools, making it an ideal location for families.
Upton Court Park is just around the corner, offering green open spaces, playgrounds, and a cricket club—perfect for leisurely walks and outdoor activities.
The property features a spacious open-plan living and dining area, a fully fitted modern kitchen with integrated appliances, elegant marble floor tiles, and a mosaic tile splashback beneath the cupboards. The living areas are finished with luxury grey laminate flooring. Both bedrooms include high-spec Sharp fitted wardrobes providing excellent built-in storage. The bathroom is sleek, fully tiled, and enhanced with the comfort of underfloor heating.
The flat benefits from one allocated car parking space and ample visitors’ parking—ideal for households with two cars or frequent guests. Additional features include ceiling fans, modern blinds, and a well-connected yet peaceful setting ideal for commuters and families alike.
Pricing & affordability


Full Market Value: £325,000

40% Share Price: £130,000 (rent £579.49 pcm)
Minimum 5% Mortgage Deposit (40% share): £6,500
Approximate Service Charges: £142.80pcm*
Lease: 114 years
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.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual 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.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £325,000 and a purchaser would not need to meet the eligibility criteria listed above.