2 bedroom apartment for sale
Anders Corner, Wokingham Road, RG42 1PU
Share percentage 40%, full price £235,000, £4,700 Min Deposit.
Share percentage 40%, full price £235,000, £4,700 Min Deposit
Monthly Cost: £1,181
Rent £523,
Service charge £147,
Mortgage £511*
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, two-bedroom apartment is now available in Bracknell through Shared Ownership.
The property on the ground floor comprises an entrance hall with a fitted storage cupboard, a spacious living room, a separate kitchen, two good-sized bedrooms and a bathroom.
Outside, there is allocated parking and communal grounds. Perfect for couples and small families.
Available for £94,000 for 40% share based on the marketing figure of £235,000.
Monthly rent - £523.42
Monthly Service Charge - £146.60
Total Monthly Charge - £670.02 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located close to local amenities including a convenience store, a nursery, and a pub. The center of Bracknell is less than a mile away and offers a large range of amenities including shops, supermarkets, gyms, a cinema, and more. Bracknell train station is roughly a 20-minute walk and offers connections to London and Reading.
Lease informationYears remaining on lease: 965
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
- Allocated parking
- Communal grounds
- Good travel links
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 £235,000, £4,700 Min Deposit. Calculated using a representative rate of 4.78%
