Summary - Orchid House, Vicus Way, Maidenhead, SL6 SL6 1EG
1 bed 1 bath Flat
Modern first‑home with balcony and parking close to station.
40% Shared Ownership available, based on £275,000 valuation
A bright one‑bed apartment on the first floor of Orchid House, offered as a 40% Shared Ownership share. The open‑plan living area and modern kitchen open onto a private balcony, and the flat includes allocated off‑street parking, bike storage and a lift for easy access.
Practical for first‑time buyers or couples, the 531 sq ft layout includes a generous bedroom, entrance storage cupboard and contemporary finishes throughout. Broadband and mobile signal are excellent, and Maidenhead station is within a 0.4‑mile walk, plus the A404(M) is close by for road links.
Buyers should note this is leasehold Shared Ownership: the advertised price is for a 40% share (based on a £275,000 valuation). Monthly rent (£489.80) and a substantial service charge (approx. £1, /annual £2,337.72) apply, with an annual rent increase each April. A mortgage will still be required for the 40% share.
The lease is long (991 years remaining) which supports mortgageability and future resale. However shared ownership rules, eligibility and allocation priorities apply, and staircasing to a larger share will incur additional cost. Consider solicitor and financial advice before proceeding.
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