Share percentage 45%, full price £280,000, £6,300 Min Deposit.
Share percentage 45%, full price £280,000, £6,300 Min Deposit.
Monthly Cost: £1,044
Rent £370,
Service charge £46,
Mortgage £628*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Summary
A modern one bedroom back to back house in a popular location
Description
Available for £126,000 for 45% share based on a market value of £280,000
Monthly Rent- £370.49
MonthlyService Charge- £46.27
Total Monthly Charge- £416.76 PLUS MORTGAGE REQUIRED FOR 45% SHARE
- Please note that priority will be given to applicants who live or work within the Local authority of Wokingham.
Property details:
Ground floor:
Entrance hall
Cloakroom with WC
Living room with open plan kitchen:3.71 x 4.89 (measured to maximum width and length)
Good range of units
Gas hob. Cooker.
Space for fridge/freezer, washing machine and tumble dryer.
Direct access to private garden
First floor:
Landing
Airing cupboard
Bedroom :5.03 x 2.93 (measured to maximum width and length)
En suite bathroom with WC
White suite with shower over bath
Outside:
Large private side garden accessed via kitchen/reception room.
Allocated parking space with additional Visitor parking spaces.
EPC Rating:
Energy Rating Band - B
Environmental Impact Rating Band - B
All room dimensions approximate.
Please note figures given for rent and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.
Key Features
- Back to back house
- One bedroom
- Good condition
- Large private side garden
- Allocated parking space
- Double glazing and gas fired central heating
- Popular Charvil location
- Available on 45% Shared Ownership basis
Map
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 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.
Share percentage 45%, full price £280,000, £6,300 Min Deposit. Calculated using a representative rate of 3.94%
