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1 bedroom apartment for sale

Available

Potter Crescent, Wokingham, RG41 1AN

£156,000 · Shared Ownership Resale

Share percentage 60%, full price £260,000, £7,800 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£156,000 Shared Ownership Resale

Share percentage 60%, full price £260,000, £7,800 Min Deposit

Monthly Cost: £1,216
Rent £273, Service charge £96, Mortgage £847*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Wokingham, Berkshire

Description

This bright, modern one-bedroom apartment is now available in Wokingham through Shared Ownership.

The property on the first floor comprises an entrance hall with storage, a spacious living room with an open plan modern kitchen, one double bedroom and a bathroom.

Outside is a private balcony, communal grounds, bike storage, and an allocated parking spaces Perfect for couples an singles.

Available for £156,000 for 60% share based on the marketing figure of £260,000.

Monthly rent - £273.46
Monthly Service Charge - £96.21
Total Monthly Charge - £369.67 plus mortgage required for 60% share.

An annual rent increase takes place every April

Location

Potter Crescent offers excellent access to both local amenities and wider transport links. Wokingham train station is just a 6 minute car drive away, offering direct services to London Waterloo in approximately 1 hour and 15 minutes, as well as convenient connections to Reading and Guildford, making it an excellent choice for commuters.

For shopping and leisure, residents are just a short drive from The Lexicon in Bracknell, a modern shopping centre featuring a wide selection of high street brands, restaurants, and a cinema. Wokingham town centre also offers a charming mix of independent shops, cafés, and essential services.

Green spaces such as Cantley Park and local nature trails provide plenty of opportunities for outdoor activities, while nearby bus routes and easy access to the M4 motorway make travel across the Thames Valley and into London straightforward.

EPC rating

Energy rating band - B

Environmental impact band - B

Lease information

Years 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 information

This 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
  • One bed apartment
  • Private balcony
  • Modern kitchen
  • Allocated parking
  • Available for 60% share
  • 5% minimum deposit only
Particulars

Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan
Map
Wokingham (0.90 miles) Winnersh Station (1.65 miles) Winnersh Triangle (2.49 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£156,000
Shared Ownership Resale
Estimated Monthly Cost:£1,216
Rent £273
Service Charge £96
Mortgage £847

Share percentage 60%, full price £260,000, £7,800 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.