Share Price £122,000 (from 40% Min. Share)

Full Value £305,000 | £6,100 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom house in Wokingham - Wokingham

place Dowles Green, RG40 5AB

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Two bedroom mid terraced house available through the So Resi Shared Ownership Scheme


Description


Full Description

Two bedroom mid terraced house available through the So Resi Shared Ownership Scheme

Available for £122,000 for 40% share based on a market value of £305,000

So Resi Monthly Payment- £470.82
Monthly Service Charge- £27.38
Total Monthly Charge- £498.20 PLUS MORTGAGE REQUIRED FOR 40% SHARE

A well presented mid terraced house in good condition. The ground floor accommodation comprises of entrance hall, cloakroom with WC, kitchen and reception room. To the first floor there are two bedrooms and a bathroom with WC. Outside there are private front and rear gardens, with an external store next to the front door. The property also benefits from allocated and visitor parking, double
glazing and gas fired central heating.

Property Details

Ground floor:

Entrance hall
Cloakroom with WC

Kitchen:
1.71 x 3.14
Good range of units
Gas hob
Cooker
Space for fridge/freezer and washing machine

Reception room:
3.76 x 4.44
Fitted under stairs cupboard

First floor:

Landing

Bedroom 1:
3.76 x 2.35
Fitted cupboard

Bathroom with WC
Three piece white suite
Shower over bath

Bedroom 2:
3.76 x 3.13
Fitted airing cupboard

Outside:
Private front and rear gardens – shared rear access
External store next to front door
Allocated parking space.
Additional visitor parking spaces

EPC Rating

Energy Rating Band- C
Environmental Impact Band- C

All room dimensions approximate.

Please note figures given for So resi payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Key Features

  • Mid terraced house
  • Two bedrooms
  • Good condition
  • Allocated parking
  • Gas fired central heating and double glazing
  • Close to Wokingham town centre
  • Available on 40% shared ownership basis

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Calculate Monthly Cost

Share price
£ 122,000
Min. £122,000
Share percentage
Min. 40%
Your deposit
Min. £6,100
Monthly cost*
£1,106
Cost breakdown
£471
Rent
£27
Service charge
£608
Mortgage*
Calculated using a representative rate of 3.94%
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.