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1 bedroom apartment for sale

Available

Flat 2, 10 Lance Way, Arborfield, RG2 9YZ

£92,000 · Shared Ownership Resale

Share percentage 40%, full price £230,000, £4,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
£92,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £230,000, £4,600 Min Deposit.

Monthly Cost: £850
Rent £213, Service charge £125, Mortgage £512*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
  • You have a minimum household income of £32,100 (based on a 5% deposit).
Summary

1 Bedroom Ground Floor Flat

Description

This property is a lovely, well maintained flat located in the heart of Aborfield Green, with access to green areas at the doorstep. Property consists of an open plan kitchen, dining and lounge, with a wide entrance hall and generous sized bathroom and bedroom. 1 Parking space. Storage areas located in the hallway and dining room.

Key Features
  • 1 bedroom
  • Ground floor
  • Open plan
  • Well maintained
  • Allocated parking
  • Exact monthly rent is £213.34
  • Exact monthly service charge is £124.68
Particulars

Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: B

Property Downloads
Energy Certificate
Map
Wokingham (3.14 miles) Winnersh Station (3.47 miles) Crowthorne (3.57 miles)
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Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£92,000
Shared Ownership Resale
Estimated Monthly Cost:£850
Rent £213
Service Charge £125
Mortgage £512

Share percentage 40%, full price £230,000, £4,600 Min Deposit. Calculated using a representative rate of 5.03%

£
Silva Homes
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.