2 bedroom apartment for sale

Under Offer

Cardew Court, Bracknell, RG12 7DZ

£132,750 · Shared Ownership Resale

Share percentage 45%, full price £295,000, £6,638 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£132,750 Shared Ownership Resale

Share percentage 45%, full price £295,000, £6,638 Min Deposit.

Monthly Cost: £1,342
Rent £463, Service charge £123, Mortgage £756*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Bracknell, Berkshire

Description

This beautiful, modern, spacious two-bedroom apartment is now for sale in Bracknell through Shared Ownership.

This property, on the second floor, comprises an expansive living room with an open-plan kitchen, two bedrooms, a bathroom, a balcony, and allocated parking space. This property also includes visitor parking and a communal garden. This is deal for couples or small families.

Available for £132,750 for 45% share based on the marketing figure of £295,000.

Monthly rent - £462.82
Monthly Service Charge - £123.12
Total Monthly Charge - £585.94 plus mortgage required for 45% share.

An annual rent increase takes place every April

Location

The apartment is situated 1 mile to the south of the Bracknell town centre and benefits from close proximity to the A322. There are 10 schools within 1 mile, perfect for families with young children.

The nearest train station are Bracknell which is a 10-minute walk only (1.3 miles) away. Martins Heron (3.6 miles) and Ascot (4.7 miles).

There are multiple shops and restaurants making Bracknell the perfect place to live.

EPC rating

Energy rating band - B
Environmental impact band - A

Layout and dimensions

Gross internal floor area: 70 m²
Living room & kitchen: 7.04 x 4.17 m
Bedroom 1: 3.84 x 2.84 m
Bedroom 2: 3.84 x 3.28 m

Lease information

Years remaining on lease: 116

The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Key Features
  • Two bedroom apartment
  • Allocated parking
  • Schools nearby
  • Private balcony
  • Available for 45% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Bracknell (0.30 miles) Martins Heron (1.45 miles) Ascot (3.37 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£132,750
Shared Ownership Resale
Estimated Monthly Cost:£1,342
Rent £463
Service Charge £123
Mortgage £756

Share percentage 45%, full price £295,000, £6,638 Min Deposit. Calculated using a representative rate of 5.26%


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.