2 bedroom apartment for sale
Wheatsheaf Close, Wokingham, RG41 5PT
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,180
Rent £465,
Service charge £47,
Mortgage £668*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wokingham, Berkshire
Description
A modern, well-presented maisonette in Wokingham is available for Shared Ownership. The maisonette is on the first floor and comprises two bedrooms, a spacious open-plan lounge with a dining area and kitchen, bathroom with a shower over a bath. There is also large loft space for storage. The residents also have the benefit of off-street allocated parking and a communal green space . This home is perfect for a small family.
Available for £120,000 for 40% share based on the marketing figure of £300,000.
Monthly rent - £465.28
Monthly Service Charge - £46.92
Total Monthly Charge - £512.20 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe maisonette ison the edge of beautiful countryside for walks and approx. 3 miles west of Wokingham town centre and benefits from close proximity to the A329(M). There are 6 schools within 1.5 miles. The nearest train station is Winnersh (1.2 miles).
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
The gross internal floor area amounts to approx. 67m².
The accommodation comprises:
• Entrance hall to stairs
• kitchen, lounge, and dining room
• 2 bedrooms
• Bathroom with integral bath/shower
The flat is presented in good condition and the decoration was good. The flooring is
neutral throughout. All windows are double-glazed uPVC casements.
Outside
The flat has an allocated off-street parking space and a shared garden area.
Years remaining on lease: 85
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.
Key Features
- Two bedrooms
- Maisonette
- Off-street allocated parking
- Communal green space
- First floor
- Close to local schools
- 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 £300,000, £6,000 Min Deposit. Calculated using a representative rate of 5.03%