2 bedroom house for sale
Turnbrook Close, Wokingham, RG41 1BQ
Share percentage 35%, full price £455,000, £7,963 Min Deposit.
Share percentage 35%, full price £455,000, £7,963 Min Deposit
Monthly Cost: £1,355
Rent £408,
Service charge £60,
Mortgage £887*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wokingham, Berkshire
Description
Modern and spacious semi-detached house now available in Wokingham through Shared Ownership.
The property was built in 2019 and comprises a living room, a separate kitchen, and a small toilet on the ground floor. Upstairs there are two good-sized bedrooms and a family bathroom with a shower.
An allocated parking space is available, with an additional visitor space included. A private rear garden is accessible on the ground floor. A fully insulated garden room with power can be used as a home office or an extra room for multiple uses.
Available for £159,250 for 35% share based on the marketing figure of £455,000.
Monthly rent - £408.29
Monthly Service Charge - £60.45
Total Monthly Charge - £468.74 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe house is located within a modern residential development, with shops, railway station and other amenities available nearby at Wokingham.
The town centre is just a little over a mile away from the property, reachable on foot or by car in just a 5-minute drive.
The A329(M) and M4 motorways are also nearby, making road travel convenient. London is just a little over an hour away.
There are many green areas nearby, with sports centres and parks, and schools are in the area and within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 119
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 semi-detached house
- Private rear garden
- Modern building (2019)
- Allocated parking
- Available for 35% 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 35%, full price £455,000, £7,963 Min Deposit. Calculated using a representative rate of 5.03%
