1 bedroom apartment for sale
Davy Place, Bracknell, RG12 2UR
Share percentage 40%, full price £225,000, £4,500 Min Deposit.
Share percentage 40%, full price £225,000, £4,500 Min Deposit.
Monthly Cost: £1,018
Rent £324,
Service charge £193,
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Bracknell, Berkshire
Description
Spacious, second-floor, one-bedroom apartment in Bracknell, RG12, through Shared Ownership.
The property comprises one double bedroom with a fitted wardrobe, hallway with storage cupboard, modern fitted kitchen, lounge with balcony, and bathroom with shower over bath. The flat also has a large private roof terrace and a smaller private balcony.
The property also benefits allocated parking space. Well positioned for all amenities in Bracknell.
Available for £90,000 for 40% share based on the marketing figure of £225,000.
Monthly rent - £324.18
Monthly Service Charge - £192.98
Total Monthly Charge - £517.16 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLocated in Bracknell with easy access to amenities, schools, gyms, supermarkets, and transport links, including Lexicon town centre.
EPC ratingEnergy rating band - C
Environmental impact band - B
Gross internal floor area: 58 m²
Living room: 6.55 x 3.07 m
Kitchen: 3.68 x 2.59 m
Bedroom: 5.00 x 2.74 m
Roof terrace: 5.44 x 3.66 m
Years remaining on lease: 88
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 roof terrace
- Private balcony
- Separate kitchen
- Available for 40% 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 40%, full price £225,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
