Available

£105,000

SO Resi Finchampstead | Wokingham, Berkshire, RG40 4DW
Share 25% / Full price £420,000 / Min deposit £5,250

House
2 bedrooms
1 bathroom

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Summary

A 2 bed shared ownership property available in Wokingham, Berkshire

Description

Plot 615 Guide Pricing
Beds: 2 bedroom house
Size: 71.4 m² / 769 sq ft
Full Price: £415,000
Share %: 25%
Share Price: £105,000
Deposit 5%: £5,250
Monthly Mortgage: £503
Monthly SO Resi Payment: £721
Estimated Service Charge: £90
Total Monthly Cost: £1,314

This bright and well proportioned two bedroom home is tailored for modern living, featuring a contemporary fitted kitchen with integrated oven, hob, extractor, fridge freezer, dishwasher and washing machine that flows into a generous living/dining space.

Patio or French doors lead to a private garden, creating an easy connection to the outdoors for relaxed evenings and weekend brunches. Upstairs, both bedrooms feel considered and comfortable, with the main bedroom benefiting from fitted storage; the bathroom is finished to a high standard with sleek sanitaryware, quality tiling and a heated towel rail, and selected plots include an ensuite.

With double glazed windows, energy efficient heating and lighting, USB charging points in key rooms and allocated EV ready parking, the home combines everyday comfort with lower running costs. Set within tree lined, landscaped streets close to country parks and Wokingham's amenities-plus fast rail links to Reading and London-it offers an appealing balance of countryside calm and city connectivity, with availability via Shared Ownership

What is Shared Ownership and how does it work?
Shared Ownership lets you buy a share of a home (with a mortgage and/or savings) and pay a reduced rent on the remaining share, making your initial deposit and monthly costs more affordable than buying outright. Over time, you can usually buy more shares-known as "staircasing"-which lowers the rent proportionally and can lead to full ownership. Eligibility, minimum shares, staircasing rules and any service charges apply; terms vary by development and are subject to affordability and assessment.

Disclaimer: Computer generated images (CGIs) are for illustrative purposes only and may be subject to change; internal images may show a previous show home and are not plot specific. Specifications, layouts and availability can vary; please speak to the sales team for the latest information.

Available for £105,000 for 25% share based on the marketing figure of £420,000.

Monthly rent - £721
Monthly Service Charge - £90
Total Monthly Charge - £811.00 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

Description

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Material information

Key Information Document Floor plan
Local area information
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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.
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Monthly cost calculator
£105,000 Shared Ownership New Build Full price £420,000
Estimated monthly cost £1,408
£

How is this calculated?

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