2 bedroom apartment for sale
Davy Place, Bracknell, RG12 2UR
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit
Monthly Cost: £1,180
Rent £395,
Service charge £198,
Mortgage £587*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
This bright, modern, well-decorated two-bedroom apartment is now available in Bracknell through Shared Ownership.
The property on the second floor comprises an entrance hall with storage cupboards, a spacious sitting room, an open-plan modern kitchen with a dining area, two bedrooms, and a bathroom.
Outside, there is a private terrace accessible via the kitchen area, communal grounds including a bike store, allocated parking and visitor parking available. Perfect for couples and small families.
Available for £108,000 for 40% share based on the marketing figure of £270,000.
Monthly rent - £394.87
Monthly Service Charge - £198.05
Total Monthly Charge - £592.92 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLiving in Bracknell is a pleasant experience for many people. The town has a nice mix of green spaces and modern living. There are several parks where families can enjoy picnics, play sports, or take long walks.
The shopping centre in Bracknell offers many shops and restaurants, making it easy to find what you need or grab a bite to eat. Public transport is good, with buses and trains connecting nearby cities like Reading and London. Schools in the area are known for being friendly and providing a good education for children. Community events happen throughout the year, bringing neighbours together.
The location is also lovely for outdoor activities, with walking and biking paths. Bracknell is a comfortable place to live with a strong sense of community and plenty of things to do for people of all ages.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 87
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
- Modern kitchen
- Private terrace
- Allocated parking
- Visitor parking
- Good travel links
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 £270,000, £5,400 Min Deposit. Calculated using a representative rate of 4.78%
