3 bedroom house for sale
Potter Crescent, Wokingham, RG41 1AN
Share percentage 25%, full price £580,000, £7,250 Min Deposit.
Share percentage 25%, full price £580,000, £7,250 Min Deposit
Monthly Cost: £2,024
Rent £1,137,
Service charge £79,
Mortgage £808*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Wokingham, Berkshire
Description
This bright, well-decorated three-bed semi-detached house is now available in Wokingham through Shared Ownership.
On the ground floor, the property comprises a spacious living room, a dining room, a separate modern fitted kitchen and a toilet. On the first floor, there are three bedrooms (one en suite) and a bathroom.
Outside, there is a private rear garden, a side driveway and a garage. Perfect for families.
Available for £145,000 for 25% share based on the marketing figure of £580,000.
Monthly rent - £1137.32
Monthly Service Charge - £79.39
Total Monthly Charge - £1,216.71 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is situated in a new development of homes, located less than two miles away from Wokingham town centre. The area is close to a range of local and national shops, as well as a train station. The location also benefits from being in proximity to open parkland, The Holt Girls' School, Emmbrook Junior and Senior Schools, local shops, and public houses in Emmbrook.
Travelling by road is also convenient, as the M3 and M4 motorways can be reached within just a few minutes' drive.
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
- Three bed semi-detached house
- Modern kitchen
- Separate dinning room
- En-suite room
- Private side drive and Garage
- Rear garden
- Available for 76% 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 25%, full price £580,000, £7,250 Min Deposit. Calculated using a representative rate of 5.03%
