2 bedroom apartment for sale
Wentworth Place, , RG42 4FA
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Monthly Cost: £1,106
Rent £410,
Service charge £139,
Mortgage £557*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
A spacious first-floor apartment in Bracknell is available for sale through the Shared Ownership Scheme. The property comprises two large bedrooms, one en-suite shower room, a fitted kitchen with electric appliances, a lounge area with aJuliet balcony,and a family bathroom with WC. Externally the property offers communal gardens and one allocated parking space.
Available for £100,000 for 40% share based on the marketing figure of £250,000.
Monthly rent - £410.40
Monthly Service Charge - £138.70
Total Monthly Charge - £549.10 plus mortgage required for 40% share.
An annual rent increase takes place every April
Layout and dimensionsGround Floor:
Communal entrance lobby with staircase
First Floor:
Private entrance hall.
Storage cupboard.
Bathroom with WC
Bedroom 1:
2.79 x 2.86 m
Bedroom 2:
3.55 x 4.24 m.
Ensuite shower room with WC.
Living room:
3.15 x 4.93 m.
Kitchen:
2.87 x 2.59 m
Outside:
Communal grounds and areas. Allocated parking space.
Years remaining on lease: 90
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.
EPC ratingEnergy Rating Band - A
Environmental Impact Band - A
Key Features
- Two bedrooms
- First floor
- Communal gardens
- Close to local amenities
- Good transport links
- Allocated parking space
- En-suite shower room
- 5% deposit
- Available for 40% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £250,000, £5,000 Min Deposit. Calculated using a representative rate of 5.03%
