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£138,000
This superb modern home is available to buy from as little as £138,000 with a 60% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £230,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £138,000 with a 60% share!
This modern one-bedroom apartment offers contemporary living in a sought-after Bracknell location. The property features a bright and spacious open-plan living area, a sleek fitted kitchen with modern appliances, a generous double bedroom with built-in storage, and a stylish bathroom with a high-quality suite. One of the apartment’s standout features is the private roof terrace — perfect for relaxing, entertaining, or enjoying alfresco dining. The development also benefits from a secure entry system and well-maintained communal areas.
Davy Place is ideally situated close to Bracknell town centre, offering an excellent range of shops, cafes, and restaurants, as well as nearby leisure facilities including South Hill Park Arts Centre and Bracknell Leisure Centre. The area is well-served by transport links, with Bracknell Station providing direct rail services to London Waterloo, and easy access to the M3 and M4 motorways making it convenient for commuters. Local bus routes also connect the area to surrounding towns and major shopping destinations.
PRICING & AFFORDABILITY
Full Market Value: £230,000
60% Share Price: £138,000 (rent £223.01pcm)
Minimum 5% Mortgage Deposit (60% share): £6,900
Approximate Service Charges: £190.86pcm*
Lease: 88 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership