2 bedroom apartment for sale
Coote Close, RG42 5HW
Share percentage 50%, full price £278,091, £13,905 Min Deposit.
Share percentage 50%, full price £278,091, £13,905 Min Deposit
Monthly Cost: £1,300
Rent £477,
Service charge £121,
Mortgage £702*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Set in Binfield Village, between Bracknell and Warfield Village close to a number of protected woods and copses.
Description
SHARED OWNERSHIP
Full market value - £278,091
You pay (50%) - £139,045
Monthly Rent - £496.93
Monthly Service Charge - £125.06
Annual Ground Rent - NIL
99 year lease commenced November 2006 - 80 years remaining - ask about lease extension to 990 years
Enter this bright and spacious apartment via a hallway with two storage cupboards and which leads to the contemporary family bathroom and two double bedrooms, each with fitted storage, to your right, and then into the dual aspect good sized reception room and separate modern fitted kitchen.
Binfield Village is set between Bracknell town centre, the A329M and Warfield Village. There are a number of protected woods and copses as well as access to Jocks Lane Park and the Country Park on the old Blue Mountain golf course. There are many local shops, takeaways and local pubs in close proximity to this home.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £49,935. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at February 2025.
Key Features
- Village Location
- Two double bedrooms
- Parking
- Modern kitchen
Particulars
Tenure: Leasehold
Lease Length: 81 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
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 £278,091, £13,905 Min Deposit. Calculated using a representative rate of 4.59%
