2 bedroom apartment for sale
Robina House, , RG42 1PA
Share percentage 45%, full price £220,000, £9,900 Min Deposit.
Share percentage 45%, full price £220,000, £9,900 Min Deposit.
Monthly Cost: £1,125
Rent £504,
Service charge £119,
Mortgage £502*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
Bright and spacious two-bedroom apartment in Bracknell available through Shared Ownership. This first-floor apartment comprises an entrance hall, a kitchen, a large reception room, two bedrooms, and a bathroom. The property also benefits from an allocated parking space and access to communal grounds.
Minimum income required: £38,848
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £99,000 for 45% share based on the marketing figure of £220,000.
Monthly rent - £503.71
Monthly Service Charge - £119.08
Total Monthly Charge - £622.79 plus mortgage required for 45% share.
The property is approximately 63m2.
Entrance hall: 4.80 x 1.22
Kitchen: 3.05 x 2.44
Reception room: 5.59 x 3.05
Bedroom 1: 3.96 x 3.00
Bedroom 2: 3.25 x 2.87
EPC ratingEnergy Rating Band - C
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for the SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
Key Features
- Two bedrooms
- One bathroom
- First floor
- Allocated parking space
- Close to local amenities
- Available for 45% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 45%, full price £220,000, £9,900 Min Deposit. Calculated using a representative rate of 4.64%
