2 bedroom apartment for sale
Langman Close, Wokingham, RG41 1AH
Share percentage 45%, full price £275,000, £6,188 Min Deposit.
Share percentage 45%, full price £275,000, £6,188 Min Deposit
Monthly Cost: £1,155
Rent £293,
Service charge £173,
Mortgage £689*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wokingham, Berkshire
Description
This bright, modern, well-decorated two-bedroom apartment is now available in Wokingham through Shared Ownership.
The property on the ground floor comprises an entrance hall, a living room with a modern open-plan kitchen, two good-sized bedrooms and a bathroom.
Outside are allocated parking spaces, communal gardens, bike storage, and visitor parking. This is perfect for couples and small families.
Available for £123,750 for 45% share based on the marketing figure of £275,000.
Monthly rent - £292.88
Monthly Service Charge - £172.78
Total Monthly Charge - £465.66 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property is located just outside Wokingham's town centre and about 10 minutes away from the motorways M4 and A329(M).
The town of Reading is also very close, about a 20-minute drive.
The property resides in a tranquil residential area, with all local amenities available in Wokingham, as well as in Winnersh or in the nearby towns. The bus stop is also just around the corner as an alternative for travel.
There are also a few schools in the area for all ages.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 117
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 bed apartment
- Modern kitchen
- Allocated parking
- Excellent travel links
- Available for 45% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 45%, full price £275,000, £6,188 Min Deposit. Calculated using a representative rate of 5.03%
