1 bedroom apartment for sale
Dunstans Drive, Wokingham, RG41 5GT
Share percentage 50%, full price £200,000, £5,000 Min Deposit.
Share percentage 50%, full price £200,000, £5,000 Min Deposit.
Monthly Cost: £1,007
Rent £324,
Service charge £126,
Mortgage £557*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wokingham, Berkshire
Description
This beautiful, bright, spacious one-bedroom apartment is now available in Wokingham through Shared Ownership.
The property comprises an expansive living room, a modern separate kitchen, one bedroom, and a bathroom. With two car parking spaces and a shed is big enough for a few bikes. This is ideal for couples or a single person.
The property is located along Dunstans Drive, off Churchill Drive in Winnersh, northwest of Wokingham town centre. All the usual shops and amenities are within proximity.
Available for £100,000 for 50% share based on the marketing figure of £200,000.
Monthly rent - £323.72
Monthly Service Charge - £126.20
Total Monthly Charge - £449.92 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationLocated within a residential development of similar flats and houses and conveniently close to local amenities and leisurefacilities, including a supermarket, local doctors and dentist surgery, cinema and play parks.
The property is also located close to two trainstations, Winnersh and Winnersh Triangle, and within proximity to bus stops and park and ride services. More extensive services are located at Reading and Wokingham town centers—good access to motorway links.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 44 m²
Living room: 3.96 x 3.91 m
Kitchen: 3.35 x 1.98 m
Bedroom 1: 3.45 x 2.74 m
Years remaining on lease: 123
In certain cases, 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
- Spacious one bedroom apartment
- Modern kitchen
- Local amenities and leisure facilities
- Great travel links
- Available for 50% 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 50%, full price £200,000, £5,000 Min Deposit. Calculated using a representative rate of 5.03%
