Share Price £62,500 (from 25% Min. Share)

Full Value £250,000 | £3,125 Min. Deposit

Scheme: Shared Ownership

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SO Resi Arborfield - Garrison - 1 bed apartment in Arborfield

place Fender House, Princess Marina drive, RG2 9NH

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date_range Just launched new, spacious 1 bedroom apartments in Arborfield
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Just launched, this new and spacious 1 bedroom apartment offers fully fitted kitchens, spacious bedroom and great commuting links.


Description

SO Resi Arborfield is part of a vibrant new neighbourhood in Berkshire, where stylish homes are surrounded by peaceful parkland and essential amenities.

Located in the leafy Berkshire countryside yet moments away from easy transport links, bustling towns and good schools, this contemporary collection of 1 bedroom homes combines the best of town and country living where families can flourish.

Light, bright and cleverly designed to maximise space, each of our properties are finished to the very highest standard and are ready for you to simply unpack and relax from day one. Each beautiful home offers comfortable living areas, contemporary kitchens and sleek bathrooms, all with quality fixtures and fittings. As well as plentiful communal green areas, all homes have their own private gardens or outside area, with allocated parking. Apartments also have additional cycle storage.

What is shared ownership?
Shared ownership allows you to buy a share of your home, with a lower deposit, smaller mortgage and monthly payment on the rest. You start by buying between 25% - 75% of your home. That means your monthly mortgage and deposit are smaller than they would be if you bought your home outright. You can buy a bigger share of your home in the future, and even own 100%.


Key Features

Allocated parking

Kamdean grey oak flooring in kitchen and open plan areas

Carpets to all bedrooms , stairs and landing

Built in wardrobe to master bedroom

Fully fitted kitchens

Integrated Zanussi appliances

Access to apartments via audio entry system

Available with only 5% deposit


Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 62,500
Min. £62,500
Share percentage
Min. 25%
Your deposit
Min. £3,125
Monthly cost*
£851
Cost breakdown
£429
Rent
£120
Service charge
£302
Mortgage*
Calculated using a representative rate of 3.64%
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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.