2 bedroom apartment for sale
Anders Corner, Wokingham Road, RG42 1PU
Share percentage 50%, full price £225,000, £5,625 Min Deposit.
Share percentage 50%, full price £225,000, £5,625 Min Deposit.
Monthly Cost: £1,189
Rent £417,
Service charge £145,
Mortgage £627*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
Modern, bright & spacious two-bedroom apartment now available in London through Shared Ownership.
The property comprises a sizeable living room, an open-plan fitted kitchen, and two large bedrooms. This could be ideal for a small family, couple or a single person. The flat is on the second floor, and it has an allocated parking space.
Available for £112,500 for 50% share based on the marketing figure of £225,000.
Monthly rent - £417.03
Monthly Service Charge - £144.91
Total Monthly Charge - £561.94 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Bracknell's town centre, less than a mile away.
The railway station is a 5 minute drive or roughly a 20 minute walk, with connections to Reading in 20 minutes and to London in an hour. Road travel is also convenient, thanks to the M4 and the A329(M), just a 5-minute drive away.
All amenities are nearby, with pubs, restaurants, gyms, a cinema and shops in Bracknell. There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 63 m²
Living room: 4.37 x 3.97 m
Kitchen: 3.47 x 2.41 m
Bedroom 1: 3.94 x 3.32 m
Bedroom 2: 3.63 x 3.03 m
Years remaining on lease: 119
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
- Allocated parking
- Great transport links
- Schools nearby
- 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 £225,000, £5,625 Min Deposit. Calculated using a representative rate of 5.03%
