4 bedroom house for sale
Poperinghe Way, , RG2 9LW
Share percentage 40%, full price £420,000, £8,400 Min Deposit.
Share percentage 40%, full price £420,000, £8,400 Min Deposit.
Monthly Cost: £1,677
Rent £683,
Service charge £58,
Mortgage £936*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 4 bed shared ownership property available in Reading, Berkshire
Description
Spacious, beautifully decorated four-bedroom house in Arborfield available for Shared Ownership. The property comprises a large lounge a garden with a patio and shed, a modern beautifully designed kitchen with black units, 3 large double bedrooms, and one single bedroom that can be used as a study, WC, and bathroom with shower over bathtub. The property also benefits from allocated parking and an enclosed rear garden.
Available for £168,000 for 40% share based on the marketing figure of £420,000.
Monthly rent - £682.58
Monthly Service Charge - £57.54
Total Monthly Charge - £740.12 plus mortgage required for 40% share.
An annual rent increase takes place every April
Layout and dimensionsGround Floor:
Entrance hall.
Kitchen:
2.87 x 3.05m
Cloakroom with WC
Reception room:
fitted under-stairs cupboard
3.92 x 4.76m
First Floor:
Landing with fitted airing cupboard.
Bedroom one:
3.94 x 2.98m
Bathroom with WC
Bedroom two:
3.93 x 3.43m
Second Floor:
Landing
Bedroom three:
3.92 x 3.63 plus dormer windows and fitted cupboards.
Bedroom four:
3.93 x 2.62 plus dormer windows and fitted cupboards.
Outside:
Private rear garden. Two allocated parking spaces
Years remaining on lease: 107
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 - C
Environmental Impact Band - C
Key Features
- Four Bedrooms
- Garden
- Two allocated parking spaces
- Quiet, peaceful location
- Great storage
- Close to schools
- 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 £420,000, £8,400 Min Deposit. Calculated using a representative rate of 5.03%
