Share percentage 50%, full price £413,000, £20,650 Min Deposit.
Monthly Cost: £1,588
Rent £511,
Service charge £34,
Mortgage £1,043*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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.
Summary
A 2 bed shared ownership property available in Wokingham, Berkshire
Description
Step onto the property ladder with this ideal two-bed home! Based in a highly popular area close to Wokingham town centre, your new home is perfect for commuting, ideal for local amenities and conveniently close to leisure and shopping facilities. Imagine enjoying a warm summer evening from your south-facing garden! Could this be the new home you’re looking for? This spacious and well presented two-bedroom house is now available in Wokingham through Shared Ownership.
On the ground floor there is a bright, roomy hallway, large kitchen which has been renovated in the past five years, downstairs toilet and open living/dining area leading onto the garden. There are two sizeable bedrooms and a bathroom on the first floor.
The property also benefits from allocated off road parking to the front, and a fully enclosed south facing garden with access via a private path and additional space for bins via the rear gate.
Location
- 8 minute drive to Wokingham Station
- 25 minute walk to Wokingham Town Centre
- 3 minute drive to Sainsbury's local store
- 3 minute drive to several nurseries and schools
- Good access to routes to London via road or train
Eligibility Information: Total household income must be under £80,000 – This is based on all members of the household aged 18 and older whether they have joined the application or not. Applicants that currently own a property must have a sale agreed on their current property before they can be considered. Applicants must not currently own a home anywhere in the world unless a court order forces them to remain on the deed of a property where their children reside. Anyone wishing to purchase the property must be assessed and approved by Home Group
Monthly charges payable: Rent: £511.06 Service charge: £33.58
EPC rating - C EPC rating - B (potential)
Layout and dimensions Gross internal area - 84.1 sq m
Lease information: 99 years from 1st June 2006. 50-year lease extension underway.
Key Features
- Two-bedroom mid-terraced house
- Private rear garden
- Two storeys
Particulars
Tenure: Leasehold
Lease Length: 81 years
Council Tax Band: D
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes
Outside Space/Garden: n/a
Year property was built: 2006
Unit size: Enquire with provider
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
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 50%, full price £413,000, £20,650 Min Deposit. Calculated using a representative rate of 4.59%
.pdf "Floor Plan")