2 bedroom apartment for sale
London Road, Bracknell, RG42 4FA
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Monthly Cost: £1,051
Rent £358,
Service charge £123,
Mortgage £570*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Spacious second floor apartment in Bracknell, available for sale through the Shared Ownership Scheme.
Description
Available for £100,000 for 40% share based on the marketing figure of £250,000.
SO Resi Monthly Payment - £358.33
Monthly Service Charge - £123.19
Total Monthly Charge - £841.52 PLUS MORTGAGE REQUIRED FOR 40% SHARE.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Two bedroom second floor purpose built flat within a three storey building of similar properties constructed around 2015. Located within a mixed residential area, with shops, railway station and other facilities available nearby at Bracknell.
Layout and dimensions
Ground Floor
Communal entrance lobby with staircase
Second Floor
Private entrance hall with fitted storage cupboards.
Bedroom 1
3.57 x 2.10.
Kitchen
3.79 x 1.98.
Reception room
4.94 x 3.17.
Bedroom 2 with fitted cupboard
2.86 x 4.36 plus ensuite shower room with WC.
Family bathroom with WC.
Outside
Communal grounds and areas, including bin and bike stores.
Allocated parking space.
EPC rating
Energy Rating Band - A
Environmental Impact Band - A
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 40%, full price £250,000, £5,000 Min Deposit. Calculated using a representative rate of 5.26%
