3 bedroom house for sale
Potter Crescent, Wokingham, RG41 1AN
Share percentage 55%, full price £520,000, £14,300 Min Deposit.
Share percentage 55%, full price £520,000, £14,300 Min Deposit.
Monthly Cost: £2,293
Rent £621,
Service charge £79,
Mortgage £1,593*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Wokingham, Berkshire
Description
This vibrant, modern, well decorated three bedroom semi detached house in now available in Wokingham through Shared Ownership.
On the ground floor the property comprises of a spacious living room, a modern fitted kitchen and a toilet. On the first floor, there are three double bedrooms (one en-suite) and a bathroom.
Outside, there is a rear garden with a shed, private garage and two parking spaces. Perfect for families.
Key Document Information
Available for £286,000 for 55% share based on the marketing figure of £520,000.
Monthly rent - £620.83
Monthly Service Charge - £78.66
Total Monthly Charge - £699.49 plus mortgage required for 55% share.
An annual rent increase takes place every April
LocationThe property is situated in a new development of homes, located less than two miles away from Wokingham town centre. The area is close to a range of local and national shops, as well as a train station. The location also benefits from being in proximity to open parkland, The Holt Girls' School, Emmbrook Junior and Senior Schools, local shops, and public houses in Emmbrook.
Travelling by road is also convenient, as the M3 and M4 motorways can be reached within just a few minutes' drive.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 118
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
- Three-bedroom semi-detached house
- Ensuite bedroom
- Private garage
- Rear garden
- Two parking spaces
- Available for 55% 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 55%, full price £520,000, £14,300 Min Deposit. Calculated using a representative rate of 5.03%
