2 bedroom apartment for sale
Cardew Court, Crowthorne Road, RG12 7DZ
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Monthly Cost: £1,643
Rent £581,
Service charge £160,
Mortgage £902*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
Bright & spacious one-bedroom apartment now available in Bracknell through Shared Ownership.
The property comprises a wide living room with a small private balcony, an open-plan fitted kitchen, two bedrooms (one large ensuite bedroom). This could be ideal for a small family or a couple.
The flat is on the third floor, and it has allocated parking space.
Key Information Document
Available for £162,000 for 45% share based on the marketing figure of £360,000.
Monthly rent - £580.95
Monthly Service Charge - £159.80
Total Monthly Charge - £740.75 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe apartment is situated 1 mile to the south of the Bracknell town centre and benefits from close proximity to the A322. There are 10 schools within 1 mile, perfect for families with young children.
The nearest train station are Bracknell which is a 10-minute walk only (1.3 miles) away. Martins Heron (3.6 miles) and Ascot (4.7 miles).
There are multiple shops and restaurants making Bracknell the perfect place to live.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 116
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
- Ensuite bedroom
- Private balcony
- Allocated on-site 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 £360,000, £8,100 Min Deposit. Calculated using a representative rate of 5.03%
