2 bedroom apartment for sale
Chancel Mansions, Hebbecastle Down, RG42 2QA
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Monthly Cost: £1,202
Rent £348,
Service charge £158,
Mortgage £696*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Warfield, Bracknell
Description
This bright, well decorated, spacious two bedroom apartment is now available in Warfield through Shared Ownership.
The property on the second floor comprises a entrance hall, a spacious living room, a separate modern fitted kitchen, two bedrooms, and a bathroom.
Outside, there are communal outdoor grounds and bin a unallocated parking spaces available.
Available for £125,000 for 50% share based on the marketing figure of £250,000.
Monthly rent - £348.06
Monthly Service Charge - £158.04
Total Monthly Charge - £506.10 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits within a great location for easy access to both primary and secondary schools. The flat is also within walking distance of parks, supermarkets and Bracknell Town Centre. It is 1.5 miles away from Bracknell and Martins Heron Train Station, 1.1 miles away from Bracknell bus station within easy reach of the M3, M4 and M25 for access to Askit, Windsor and Reading.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 59 m²
Living room: 4.52 x 4.52 m
Kitchen: 4.52 x 2.29 m
Bedroom 1: 3.43 x 2.69 m
Bedroom 2: 3.43 x 2.08 m
Years remaining on lease: 121
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
- Two bedroom apartment
- Modern kitchen
- Unallocated parking
- Good 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 £250,000, £6,250 Min Deposit. Calculated using a representative rate of 5.03%
