Share Price £126,000 (from 40% Min. Share)

Full Value £315,000 | £6,300 Min. Deposit

Scheme: Shared Ownership

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Archfield - 2 bed apartment in Bracknell - Bracknell Forest

place Joycliffe Ride, Warfield, RG42 6AA

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First floor 2 bedroom maisonette


Eligibility

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000

• You have a deposit of at least 5% of the share value

• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

• This will be your only residence.

• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.


Description

This brand new first floor maisonette comes with two allocated parking spaces and features a lovely open plan lounge/kitchen/diner with ‘Indesit’ integrated stainless steel oven and gas hob with a matching cooker hood. There are two double bedrooms and bathroom as well as built-in storage located in the hallway.


Key Features

Brand new Shared Ownership home

Close to local amenities

Two allocated parking spaces

Open plan lounge/kitchen/diner

Less than 2 miles from Bracknell train station

First floor maisonette


Download Documents

Link to the floor plan Energy Certificate
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Calculate Monthly Cost

Share price
£ 126,000
Min. £126,000
Share percentage
Min. 40%
Your deposit
Min. £6,300
Monthly cost*
£1,128
Cost breakdown
£443
Rent
£57
Service charge
£628
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.