2 bedroom apartment for sale
Hunters Court, Reading Road, RG41 5FL
Share percentage 45%, full price £280,000, £6,300 Min Deposit.
Share percentage 45%, full price £280,000, £6,300 Min Deposit.
Monthly Cost: £1,361
Rent £539,
Service charge £104,
Mortgage £718*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Winnersh, Wokingham
Description
Modern, bright & spacious two-bedroom apartment is now available in through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, two large bedrooms, one ensuite, and an accessible loft space. This could be ideal for a small family.
The flat is on the second floor of a newly built construction (circa 2005); it has two allocated parking spaces.
Available for £126,000 for 45% share based on the marketing figure of £280,000.
Monthly rent - £539.04
Monthly Service Charge - £104.18
Total Monthly Charge - £643.22 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property is strategically positioned in an excellent location for travel, just 6 minutes away walking from the railway station and less than an hour away from London.
Reading is also only 14 minutes away by train and Heathrow Airport is about a 30-minute drive.
Road travel is also incredibly convenient, thanks to the A329(M) and M4 motorways, with entrances just a few minutes away drive.
The flat is in the town centre of Winnersh, with all local amenities nearby and easily accessible on foot, including supermarkets, restaurants, and pubs.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 76 m²
Living room: 8.08 x 4.80 m
Kitchen: 2.79 x 2.36 m
Bedroom 1: 4.27 x 3.40 m
Bedroom 2: 4.27 x 3.18 m
Years remaining on lease: 972
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
- Ensuite bedroom
- Excellent travel connections
- Two allocated parking spaces
- Available for 45% share
- 5% minimum deposit only
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 £280,000, £6,300 Min Deposit. Calculated using a representative rate of 5.26%
