2 bedroom apartment for sale
Watson House, Budd Grove, RG41 5SU
Share percentage 35%, full price £310,000, £5,425 Min Deposit.
Share percentage 35%, full price £310,000, £5,425 Min Deposit
Monthly Cost: £1,134
Rent £327,
Service charge £203,
Mortgage £604*
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-presented two-bedroom apartment is now available in Wokingham through Shared Ownership.
The property on the first floor comprises an entrance hall with storage space, a spacious living room with a modern open-plan kitchen and dining space, two bedrooms, and a bathroom.
Outside, there is allocated parking and a private balcony. Perfect for couples and small families.
Available for £108,500 for 35% share based on the marketing figure of £310,000.
Monthly rent - £326.91
Monthly Service Charge - £202.60
Total Monthly Charge - £529.51 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property sits in the town centre of Winnersh and just 10 minutes away from the railway station. From there, a train can reach Reading in another 10 minutes and London in about an hour.
Road travel is also incredibly convenient, thanks to the M4 and A329(M) being only a few minutes' drive away.
All local amenities are nearby, including a large supermarket, a surgery facility and several schools surrounding Winnersh.
There are also green areas nearby, including the large Winnersh Meadows and the Black and White Swan Lakes.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 118
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 apartment
- Private balcony
- Allocated parking
- Good travel links
- Available for 35% 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 35%, full price £310,000, £5,425 Min Deposit. Calculated using a representative rate of 5.03%
