2 bedroom apartment for sale
Chancel Mansions, Hebbecastle Down, RG42 2QA
Share percentage 50%, full price £235,000, £5,875 Min Deposit.
Share percentage 50%, full price £235,000, £5,875 Min Deposit
Monthly Cost: £1,149
Rent £364,
Service charge £147,
Mortgage £638*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Warfield, Bracknell
Description
This bright, well decorated, spacious two-bedroom apartment is now available in Warfield, Bracknell, through Shared Ownership.
The property on the first floor comprises a entrance hall with a corridor, a spacious living room, a separate fitted kitchen, two bedrooms with cupboards, and a bathroom.
Outside, there are communal outdoor grounds and unallocated residential parking spaces available.
Available for £117,500 for 50% share based on the marketing figure of £235,000.
Monthly rent - £364.07
Monthly Service Charge - £147.23
Total Monthly Charge - £511.30 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area in Winkfield, north of Bracknell, and is close to the town centre, about a few minutes drive away. The local bus station is just a stone's throw away, allowing to reach the town centre in just half an hour.
Road travel is quite convenient, thanks to the M4 and the A329, just around 10 minutes away, depending on traffic.
All amenities are nearby, with more pubs, restaurants and shops in Bracknell at the Lexicon shopping centre.
The property is also surrounded by numerous parks and natural green areas.
There are also several schools in the area, some of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - B
Years remaining on lease: 960
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-bedroom apartment
- Separate kitchen
- Close to green areas
- Residential parking
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 960 years
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 50%, full price £235,000, £5,875 Min Deposit. Calculated using a representative rate of 4.78%
