Share Price £152,500 (from 50% Min. Share)

Full Value £305,000 | £7,625 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom house in Arborfield - Wokingham

place Poperinghe Way, Reading, RG2 9LW

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Two bedroom house in good condition located in Arborfield


Description

The property comprises of hallway with cupboard and cloakroom, lounge, fitted kitchen, bathroom with 3 piece suite with shower over bath and two bedrooms, one with wardrobe. The property also benefits from allocated parking and enclosed rear garden.

A two bedroom house located in Arborfield available through Shared Ownership Scheme.

Available for £152,500 for 50% share based on the marketing figure of £305,000.

So Resi Monthly Payment- £390.26
Monthly Service Charge- £40.59

Layout and dimensions

Ground Floor:

Entrance hall

Kitchen:
2.09 x 3.45

Reception room
fitted understairs cupboard
4.11 x 5.00

Cloakroom with WC

First Floor:
Landing with fitted airing cupboard.

Bedroom 1:
3.09 x 3.59 plus fitted cupboard (dimensions of main room area).

Bedroom 2:
2: 2.07 x 4.87 (dimensions of maximum width and length).

Bathroom with WC.

Outside:
Private rear garden - rear access. Allocated parking space

EPC rating

Energy Rating Band- C
Environmental Impact Band- C

Other information

All room dimensions approximate.

Please note figures given for So Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.


Key Features

Two bedroom
Close to local amenities in Reading
Private rear garden
Allocated parking space
Available for 50% share


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Calculate Monthly Cost

Share price
£ 152,500
Min. £152,500
Share percentage
Min. 50%
Your deposit
Min. £7,625
Monthly cost*
£1,191
Cost breakdown
£390
Rent
£41
Service charge
£760
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.