2 bedroom house for sale
Bowyer Way, Wokingham, RG41 5RX
Share percentage 40%, full price £400,000, £8,000 Min Deposit.
Share percentage 40%, full price £400,000, £8,000 Min Deposit
Monthly Cost: £1,369
Rent £411,
Service charge £67,
Mortgage £891*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wokingham, Berkshire
Description
This bright, well-decorated two-bedroom mid-terraced house is now available in Wokingham through Shared Ownership.
On the ground floor, there is an entrance hall, a spacious living room, a separate modern kitchen, and a toilet. On the first floor, there are two good-sized bedrooms and a bathroom.
Outside, there is off-street parking and a private rear garden. Perfect for couples and small families.
Available for £160,000 for 40% share based on the marketing figure of £400,000.
Monthly rent - £411.16
Monthly Service Charge - £67.20
Total Monthly Charge - £478.36 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLiving in Winnersh offers a unique blend of urban convenience and suburban charm. This peaceful village is perfectly positioned, making it ideal for families and professionals. Residents can enjoy a balanced lifestyle with ample green spaces, local parks, and community activities. Additionally, the welcoming community fosters a sense of belonging, making it easy for newcomers to integrate. The combination of small-town warmth and modern amenities makes Winnersh a desirable place to call home.
Winnersh excels in travel links. The village is served by Winnersh Station, which provides quick access to both Reading and London, making commuting a breeze. Regular train services ensure that residents can reach major urban areas quickly. For those who prefer driving, the M4 motorway is conveniently nearby, connecting to other key regions in the South East. These excellent transport options cater to professionals working in nearby cities, enhancing the appeal of living in Winnersh.
In addition to its travel links, Winnersh boasts a variety of local amenities. A selection of shops, supermarkets, and restaurants cater to everyday needs, while schools in the area are well-regarded. The blend of educational and recreational facilities contributes to a high quality of life for families. Residents can partake in community events and local markets, promoting a vibrant atmosphere. Overall, Winnersh provides a well-rounded lifestyle, making it an attractive choice for those seeking comfort and convenience.
Energy rating band - B
Environmental impact band - A
Years remaining on lease: 117
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.
Key Features
- Two bed mid terraced house
- Modern kitchen
- Rear garden
- Off street parking
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £400,000, £8,000 Min Deposit. Calculated using a representative rate of 5.03%