2 bedroom apartment for sale
Emerson Court, Albert Walk, Kings Road, RG45 7EB
Share percentage 60%, full price £245,000, £7,350 Min Deposit.
Share percentage 60%, full price £245,000, £7,350 Min Deposit.
Monthly Cost: £1,220
Rent £250,
Service charge £151,
Mortgage £819*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Crowthorne, Berkshire
Description
A spacious two-bedroom apartment in Crowthorne is available for Shared Ownership.
The property comprises of entrance hall with an airing cupboard and storage cupboard with shelves, hanging space, worktop and space and plumbing for washer/dryer, a modern kitchen with an archway entrance, a bright, airy lounge with space for a dining table, two double bedrooms, a master bedroom with built-in storage, bathroom with a separate shower, bathtub and WC.
Externally there are communal grounds and an allocated parking space. A fantastic home for a first-time buyer.
Available for £147,000 for 60% share based on the marketing figure of £245,000.
Monthly rent - £250.25
Monthly Service Charge - £150.63
Total Monthly Charge - £400.88 plus mortgage required for 60% share.
An annual rent increase takes place every April
LocationLocated within a modern development of similar flats close to local schools and Crowthorne town centre and station. Good access to A329 and M3 motorway.
EPC ratingEnergy rating band - D
Environmental impact band - E
Years remaining on lease: 961
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
- Ground floor
- Allocated parking
- Residential area
- Available for 60% 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 60%, full price £245,000, £7,350 Min Deposit. Calculated using a representative rate of 5.03%
