2 bedroom apartment for sale
Beverley Road, Bracknell, RG12 9GS
Share percentage 45%, full price £375,000, £8,438 Min Deposit.
Share percentage 45%, full price £375,000, £8,438 Min Deposit.
Monthly Cost: £1,594
Rent £540,
Service charge £92,
Mortgage £962*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
Spacious & modern two-bedroom end-of-terrace house now available in Bracknell through Shared Ownership.
The property comprises a wide living room, a separate kitchen, and a small toilet on the ground floor. Upstairs you will find two large bedrooms and a bathroom. There's also a large storage cupboard and spacious private rear garden with a good sized shed. This could be ideal for a small family.
Outside, there is a vast park almost next to the house. All windows in the house are double glazed.
The property is part of a development constructed circa 2008 and it has allocated off-street parking.
Available for £168,750 for 45% share based on the marketing figure of £375,000.
Monthly rent - £540.36
Monthly Service Charge - £91.91
Total Monthly Charge - £632.27 plus mortgage required for 45% 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 only a 16-minute walk, where a train can lead to Reading in a little over half an hour.
Road travel is also convenient, thanks to the A329(M), M4 and M3 motorways.
All amenities are nearby, with pubs, restaurants and shops in Bracknell in and around the Lexicon shopping centre.
There is also a vast park just behind the house, perfect for a nature break.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 99
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 end-of-terrace house
- Private rear garden
- Modern construction (2008)
- Allocated parking
- 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 £375,000, £8,438 Min Deposit. Calculated using a representative rate of 5.26%
