Share Price £203,000 (from 70% Min. Share)

Full Value £290,000 | £10,150 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Wokingham - Wokingham

place Jersey Drive, RG41 5FR

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Spacious two bedroom end terrace Wokingham


Description

Spacious two bedroom end terrace Wokingham. This property comprises of one double bedroom with built-in wardrobe, one single bedroom, lounge, bathroom with 2 piece suite with shower over bath and kitchen with contemporary design. Also includes allocated parking. Also includes front and rear garden.

A two bedroom end terrace house located in Wokingham available through Shared Ownership Scheme.

Available for £203,000 for 70% share based on the marketing figure of £290,000.


SO Resi Monthly Payment - £250.01
Monthly Service Charge - £126.71

Energy Rating Band - C
Environmental Impact Band - B

Within modern residential development with good links to facilities in Winnersh and beyond in Wokingham/Reading and good road network/public transport links. Winnersh and Winnersh Triangle mainline stations are both about half a mile away. Close to local amenities such as Sainsbury's Superstore.


Key Features

Two bedrooms
End terrace house
Close to local amenities
Parking
Rear garden
Available for 70% share


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Calculate Monthly Cost

Share price
£ 203,000
Min. £203,000
Share percentage
Min. 70%
Your deposit
Min. £10,150
Monthly cost*
£1,277
Cost breakdown
£216
Rent
£49
Service charge
£1,012
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.