2 bedroom apartment for sale
Blatchly House, Roebuck Estate, RG42 4DD
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Monthly Cost: £1,449
Rent £573,
Service charge £164,
Mortgage £712*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
A two-bedroom, bright, spacious ground-floor flat is available in Binfield Bracknell through the Shared Ownership Scheme.
The property comprises two bedrooms, a large living room area with an archway leading to the kitchen, and a bathroom with a shower over a bathtub. The property comes with an allocated parking space. The apartment would make a fantastic home for a family or a couple.
Available for £125,000 for 50% share based on the marketing figure of £250,000.
Monthly rent - £572.52
Monthly Service Charge - £163.69
Total Monthly Charge - £736.21 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits between Binfield and Popswood and has many amenities close by.
The location is quite convenient by car, with the A329 motorway being close by. Wokingham is also 10 minutes away, and reading around 20 minutes.
There are also green areas in the surroundings, and a few schools reachable on foot.
Energy rating band - C
Environmental impact band - C
Gross internal floor area: 57 m²
Living room: 4.20 x 3.61 m
Kitchen: 3.20 x 1.88 m
Bedroom 1: 4.37 x 3.15 m
Bedroom 2: 3.05 x 2.44 m
Years remaining on lease: 970
In certain cases, 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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Two-bedroom apartment
- Ground floor
- Allocated parking space
- 4 x Visitor parking spaces
- Communal garden
- 3 x Primary schools within a 1 mile radius
- 5% minimum deposit only
- Available for 50% 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 50%, full price £250,000, £6,250 Min Deposit. Calculated using a representative rate of 5.26%