2 bedroom apartment for sale
Wentworth Place, London Road, RG42 4FA
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Monthly Cost: £1,212
Rent £444,
Service charge £166,
Mortgage £602*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
This cozy, well decorated, modern, two bedroom apartment is now available in Bracknell through Shared Ownership.
The property on the first floor comprises of an entrance hall, a spacious living room, a separate modern kitchen, two good sized bedrooms (one en-suite), and a bathroom.
Outside, there is allocated parking. Perfect for couples and small families.
Available for £108,000 for 40% share based on the marketing figure of £270,000.
Monthly rent - £443.84
Monthly Service Charge - £166.33
Total Monthly Charge - £610.17 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe flat is west of Bracknell in a tranquil residential area. The town centre is only a 6-minute drive or also reachable by bus in about 15 minutes.
Road travel is also convenient with the A329(M) and M4 motorways a stone's throw away.
Plenty of schools are available in the area, many of which are within walking distance, as well as green natural spaces just outside the urban area.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 89
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
- En-suite room
- Modern kitchen
- Allocated parking
- Available for 40% 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 40%, full price £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.03%
