1 bedroom apartment for sale
Potter Crescent, Wokingham, RG41 1AN
Share percentage 60%, full price £260,000, £7,800 Min Deposit.
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
LocationPotter 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 ratingEnergy rating band - B
Environmental impact band - B
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
- 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 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 60%, full price £260,000, £7,800 Min Deposit. Calculated using a representative rate of 4.78%