4 bedroom house for sale
Barrett Drive, Winnersh, RG41 5RU
Share percentage 40%, full price £585,000, £11,700 Min Deposit.
Share percentage 40%, full price £585,000, £11,700 Min Deposit
Monthly Cost: £1,949
Rent £570,
Service charge £108,
Mortgage £1,271*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 4 bed shared ownership property available in Winnersh, Berkshire
Description
This bright, modern, well-decorated four-bedroom terraced house is now available in Winnersh through Shared Ownership.
On the ground floor, the property comprises an entrance hall, a spacious living room with space for a dining area, a toilet, and a modern separate kitchen. On the first floor, there are four bedrooms and a bathroom.
Outside, there is a rear garden, and a driveway with parking space for two cars. Perfect for families.
Available for £234,000 for 40% share based on the marketing figure of £585,000.
Monthly rent - £570.24
Monthly Service Charge - £107.86
Total Monthly Charge - £678.10 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationWinnersh is a peaceful place for many people to live. This small village is located in Wokingham, making it easy to access the city while enjoying a quieter atmosphere.
The area is friendly and welcoming, with lovely parks and green spaces for families to enjoy. There are local shops nearby where residents can buy everyday items, and several schools provide good education options for children. Transportation is convenient, with bus and train services connecting Winnersh to nearby towns.
Nature lovers appreciate the beautiful countryside around Winnersh, offering great places for walks and outdoor fun. Overall, Winnersh is a wonderful place to live, combining the charm of village life with easy access to urban amenities, making it suitable for families, young professionals, and retirees alike.
Lease informationYears remaining on lease: 117
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 bed terrace house
- Modern kitchen
- Driveway with x2 parking spaces
- Rear garden
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 117 years
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 40%, full price £585,000, £11,700 Min Deposit. Calculated using a representative rate of 4.78%