4 bedroom house for sale
Barn Owl Drive, Bracknell, RG12 8FG
Share percentage 45%, full price £480,000, £10,800 Min Deposit.
Share percentage 45%, full price £480,000, £10,800 Min Deposit
Monthly Cost: £1,823
Rent £569,
Service charge £81,
Mortgage £1,173*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 4 bed shared ownership property available in Bracknell, Berkshire
Description
Bright and modern four-bedroom semi-detached house now available in in Bracknell, through Shared Ownership.
The property is arranged over two floors and includes an entrance hallway, a kitchen/breakfast room, a cloakroom with WC, and a lounge that opens onto the garden on the ground floor. The first floor features four bedrooms and a family bathroom with an integral bath and shower.
The property offers off-road parking for 2 cars.
Available for £216,000 for 45% share based on the marketing figure of £480,000.
Monthly rent - £568.69
Monthly Service Charge - £80.95
Total Monthly Charge - £649.64 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe house is located approximately. 1.9 miles west of Bracknell town center and benefits from the main road links of the A322. There are 15 schools within 1.5 miles. The nearest train station is Bracknell (1.2 miles).
EPC ratingEnergy rating band - C
Environmental rating band - C
Lease informationYears 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.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
Key Features
- Four bedroom semi detached house
- Private garden
- Two off road parking spots
- Local amenities nearby
- Available for 45% share
- 5% minimum deposit
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 45%, full price £480,000, £10,800 Min Deposit. Calculated using a representative rate of 4.78%