Share Price £108,000 (from 45% Min. Share)

Full Value £240,000 | £5,400 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Winnersh - Wokingham

place Hunters Court, Reading Road, RG41 5FL

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A two bedroom first floor flat located in Winnersh available through Shared Ownership Scheme


Description


Full Description

A two bedroom first floor flat located in Winnersh available through Shared Ownership Scheme

Available for £108,000 for 45% share based on the marketing figure of £240,000

So Resi Monthly Payment- £380.73
​Monthly Service Charge- £109.66
​Total Monthly Charge- £490.39 PLUS MORTGAGE REQUIRED FOR 45% SHARE

Two bedroom first floor flat in good decorative order located in Winnersh available for shared ownership.The property comprises two double bedrooms, one with built in wardrobe and shower, bathroom, open plan living room and kitchen, hall way and one allocated secure parking space.Includes double glazing.

Property Details

Hallway:

Kitchen:
Open plan living
1.73m x 3.18m

Lounge:
Open plan to the kitchen
4.38m x 3.60m

Bathroom:
3 piece suite with shower over bath
Mixer shower

Bedroom 1:
Built in wardrobe
2.89m x 3.38m
Shower room

Bedroom 2:
2.06m x 3.29m

Floor Area approx 54 sqm

External:
Allocated parking space

EPC Rating

Energy Rating Band- C
Environmental Impact Band- B

All room dimensions approximate.

Please note figures given for So Resi Monthly Payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Key Features

Key Features

  • Two Bedrooms
  • First floor
  • Allocated parking
  • Local amenities close by
  • Good condition
  • Available for a 45% share

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Calculate Monthly Cost

Share price
£ 108,000
Min. £108,000
Share percentage
Min. 45%
Your deposit
Min. £5,400
Monthly cost*
£1,029
Cost breakdown
£381
Rent
£110
Service charge
£538
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.