3 bedroom house for sale
Potter Crescent, Wokingham, RG41 1AN
Share percentage 70%, full price £590,000, £20,650 Min Deposit.
Share percentage 70%, full price £590,000, £20,650 Min Deposit.
Monthly Cost: £2,900
Rent £460,
Service charge £87,
Mortgage £2,353*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Wokingham, Berkshire
Description
Spacious & modern three-bedroom semi-detached house is now available in Wokingham through Shared Ownership.
The property comprises a large living room, a dining room, a separate kitchen and a toilet on the ground floor. On the second floor, we find the three bedrooms, with one of them being ensuite. There's also a private garage attached to the house, with a small room/shed inside.
The house has private front and rear gardens, with an allocated drive spot up front.
Key Information Document
Available for £413,000 for 70% share based on the marketing figure of £590,000.
Monthly rent - £459.90
Monthly Service Charge - £86.99
Total Monthly Charge - £546.89 plus mortgage required for 70% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area close to local amenities, including a Co-Op Food, a pub, and schools.
The centre of Wokingham is only a 5-minute drive from the property and offers a further range of amenities, including supermarkets, shops, restaurants, bakeries, and a cinema.
Wokingham train station is roughly 1 mile from the property and offers connections to London, Gatwick, Reading, and Redhill.
The property also benefits from close proximity to the M4 and A329(M).
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 101 m²
Living room: 4.98 x 3.38 m
Dining room: 3.96 x 2.36 m
Kitchen: 3.96 x 3.00 m
Bedroom 1: 3.94 x 3.30 m
Bedroom 2: 3.68 x 3.43 m
Bedroom 3: 3.86 x 2.06 m
Garage: 5.08 x 2.44 m
Shed: 5.08 x 2.44 m
Years remaining on lease: 118
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
- Three-bedroom semi-detached house
- Modern building (2018)
- Private indoor garage
- Ensuite master bedroom
- Available for 70% 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 70%, full price £590,000, £20,650 Min Deposit. Calculated using a representative rate of 5.26%
