2 bedroom apartment for sale
Anders Corner, Bracknell, RG42 1PU
Share percentage 75%, full price £225,000, £8,438 Min Deposit.
Share percentage 75%, full price £225,000, £8,438 Min Deposit.
Monthly Cost: £1,246
Rent £196,
Service charge £110,
Mortgage £940*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
This bright, modern, well-decorated two-bedroom apartment is now available in Bracknell through Shared Ownership.
The property comprises a stylish living room, a separate modern kitchen, two bedrooms, and a bathroom.
There is a communal garden area and allocated parking space and visitor parking. This is ideal for couples or small families.
Available for £168,750 for 75% share based on the marketing figure of £225,000.
Monthly rent - £196.16
Monthly Service Charge - £110.03
Total Monthly Charge - £306.19 plus mortgage required for 75% share.
An annual rent increase takes place every April
LocationThe property is located close to local amenities including a convenience store, a nursery, and a pub. The center of Bracknell is less than a mile away and offers a large range of amenities, including shops, supermarkets, gyms, a cinema, and more. Bracknell train station is roughly a 20-minute walk and offers connections to London and Reading.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 70 m²
Living room: 4.37 x 3.99 m
Kitchen: 3.48 x 2.44 m
Bedroom 1: 3.89 x 3.20 m
Bedroom 2: 3.56 x 3.10 m
Years remaining on lease: 975
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 apartment
- Allocated parking space
- Communal garden area
- Good travel links
- Available for 75% share
- 5% minimum deposit only
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 75%, full price £225,000, £8,438 Min Deposit. Calculated using a representative rate of 5.03%
