2 bedroom apartment for sale
Kelvin Gate, Bracknell, RG12 2TP
Share percentage 35%, full price £220,000, £7,700 Min Deposit.
Share percentage 35%, full price £220,000, £7,700 Min Deposit
Monthly Cost: £869
Rent £350,
Service charge £137,
Mortgage £382*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Modern 2-bed shared ownership flat in central Bracknell. Private balcony, secure parking, lease extension in progress. 35% share for £77,000. Ideal for first-time buyers.
Description
A spacious and well-maintained 2-bedroom top floor (level 4) apartment in the popular Kelvin Gate development, Bracknell. Offered as a shared ownership resale (35% share at £77,000) based on a full market value of £220,000.
Ideal for first-time buyers, this modern home offers comfortable living with excellent transport links.
The flat features a bright open-plan living/dining area with access to a private balcony, perfect for relaxing or entertaining.
The kitchen is fitted with modern units and includes an integrated INDESIT electric hob and oven, extractor fan, and space for a washing machine and fridge/freezer.
The main bedroom is a spacious double, and the second bedroom is ideal as a nursery, guest room, or office. (Note: no built-in wardrobes.)
The modern bathroom includes a full-size bath with overhead shower and glass screen, toilet, sink, mirror, and towel rail.
Additional benefits include:
• Secure underground parking for one car
• Lift access
• Gas central heating and double glazing
• Private balcony
• Storage cupboard in hallway
• Lease extension in progress – new lease will be 171 years
• EPC rating: C
• Council Tax Band: B Location highlights:
• 5–10 mins walk to Bracknell Station (London Waterloo ~1 hour)
• Close to The Lexicon shopping centre, restaurants, cinema, and gyms
• Great road links (M3, M4, A329M) Monthly charges (from April 2025):
• Rent on remaining share: £350.14
• Service charge: £137.07
• Buildings insurance, management, reserve fund: £90.46
• Total: £577.67
Buyers must meet Home Group’s shared ownership criteria and complete an affordability assessment via their approved provider. This is a private sale, with no estate agent fees.
Key Features
- Top floor (level 4) apartment with no neighbours above
- Private balcony ideal for relaxing or outdoor dining
- Secure underground parking for one car
- Bright open-plan living and kitchen area
- Integrated INDESIT electric hob and oven
- Lift access to all floors
- Lease extension in progress – 171 years on completion
- Short walk to Bracknell station and The Lexicon shopping centre
Particulars
Tenure: Leasehold
Lease Length: 171 years
Council Tax Band: B
Property Downloads
Energy CertificateMap
Material Information
Total rooms: 5
Furnished: Part-furnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Gated
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2011
Unit size: 63m² (678ft²)
Communal lift: Yes
Accessible measures: Yes - Lift access, Ramped access
Flooded within the last 5 years: No
Listed property: No
Heating: Electric, Night storage
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 £220,000, £7,700 Min Deposit. Calculated using a representative rate of 4.42%
