1 bedroom apartment for sale
Crowthorne Road, Bracknell, RG12 7DZ
Share percentage 45%, full price £225,000, £5,063 Min Deposit.
Share percentage 45%, full price £225,000, £5,063 Min Deposit.
Monthly Cost: £1,099
Rent £383,
Service charge £152,
Mortgage £564*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Bracknell, Berkshire
Description
Beautiful and spacious one-bedroom apartment now available in Bracknell with Shared Ownership.
The property comprises a spacious living room with access to a private balcony, an open-plan fitted kitchen and a large bedroom. This could be ideal for a couple or a single person.
There is allocated parking and visitor parking spaces.
Available for £101,250 for 45% share based on the marketing figure of £225,000.
Monthly rent - £382.90
Monthly Service Charge - £152.06
Total Monthly Charge - £534.96 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property is close to Bracknell's railway station, just a 10-minute walk, while the town centre is also just behind it.
All amenities are nearby, including shops, pubs, restaurants and a cinema in the town centre.
London can be reached by train in one and a half hours, while Reading is only half an hour away.
There's also a large natural park right behind the apartment block.
EPC ratingEnergy rating band - B
Environmental impact band - A
Gross internal floor area:51 m²
Living room & kitchen: 7.09 x 3.38 m
Bedroom: 4.72 x 3.66 m
Years remaining on lease: 116
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
- One-bedroom apartment
- Private balcony
- Allocated parking
- Close to railway station
- Available for 45% 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 45%, full price £225,000, £5,063 Min Deposit. Calculated using a representative rate of 5.03%
