Available

£230,000

Newlands Place | Lenham Drive, RG2 9SU
Share 50% / Full price £460,000 / Min deposit £11,500

House
3 bedrooms
1 bathroom
Pets allowed

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Summary

990 year lease term | Standard shared ownership model lease | Allocated Parking | Enclosed rear garden | Integral oven, hob and extractor

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £90,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description
About this home


Step inside this delightful three-bedroom home and you're welcomed by a bright entrance hallway, complete with a convenient downstairs W.C., stairs leading to the first floor, and a handy under-stairs cupboard.

To the side of the hallway, you'll find the well-appointed kitchen/dining room, thoughtfully designed for modern living. It comes fitted with an integral oven, hob, and extractor fan, and features a window looking out to the front of the home.

Continue through to the rear of the home and discover the inviting living room, where natural light pours in through a rear window and double French doors that open out to the garden, making it the perfect spot for relaxing or hosting friends.

Upstairs, the landing leads to a modern family bathroom and three bedrooms. Bedrooms one and two are generously sized double rooms, with bedroom one also benefits from a storage cupboard. Bedroom three is a comfortable single room, ideal for a child's bedroom, home office, or guest space.

Outside, enjoy the convenience of two allocated parking spaces and a side gate providing easy access to the rear garden.

Other bits to note


Council tax banding - TBC.
Remaining term on lease - 990 years.

Please note that to be eligible for this home, you'll need to have a local connection to Wokingham Borough Council, this must be through living, working or direct family members. If you have any questions, please ask Hope.

This home has standard shared ownership model lease type.

*Images and CGI's are intended for illustrative use only and may not be plot specific. While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan Energy Certificate
Local area information
Stations
Showing nearest stations
  • Earley Rail Station (3.3km)
  • Winnersh Triangle Rail Station (3.7km)
  • Winnersh Triangle Rail Station (3.7km)
  • Winnersh Rail Station (4.0km)
  • Winnersh Rail Station (4.0km)
  • Reading Green Park (5.5km)
  • Wokingham Rail Station (5.8km)
  • Wokingham Rail Station (5.8km)
  • Reading Rail Station (6.1km)
  • Reading Rail Station (6.1km)
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.
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Monthly cost calculator
£230,000 Shared Ownership New Build Full price £460,000
Estimated monthly cost £1,628
£

How is this calculated?

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