2 bedroom apartment for sale
Amber House, Market Street, RG12 1PA
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Share percentage 25%, full price £350,000, £4,375 Min Deposit
Monthly Cost: £1,279
Rent £640,
Service charge £164,
Mortgage £475*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bracknell, Berkshire
Description
Modern and eco-sustainable apartment now available in Bracknell through Shared Ownership.
The property was built in 2020 and comprises a large living room with an open-plan fitted kitchen, two bedrooms and a shared bathroom with a shower.
The flat is on the fifth floor and has on-site parking space.
Available for £87,500 for 25% share based on the marketing figure of £350,000.
Monthly rent - £640.09
Monthly Service Charge - £164.08
Total Monthly Charge - £804.17 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a well connected, residential area offering a variety of local amenities. Local supermarkets, fitness centres, schools, and healthcare facilities are all within easy reach, making daily errands and routines simple.
Residents can enjoy green spaces such as Lily Hill Park and Mill Park, perfect for outdoor activities and relaxation. The nearby Lexicon shopping centre provides a mix of retail, dining, and entertainment options.
Bracknell Station is just a short walk away, offering direct train services to London Waterloo in approximately 60 minutes.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 991
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
- Modern building (2020)
- 5th floor
- On-site parking
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 991 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 25%, full price £350,000, £4,375 Min Deposit. Calculated using a representative rate of 4.78%
