£61,250

This charming, well decorated one bedroom apartment is now available in Bracknelll through Shared Ownership.

The property on the fifth floor comprises of an entrance hall, storage cupboard, a spacious living room with a modern open plan kitchen, one good sized bedroom and a bathroom.

Outside, there is a private balcony, allocated parking and communal spaces. Perfect for couples or singles.

Available for £61,250 for 25% share based on the marketing figure of £245,000.

Monthly rent - £479.56
Monthly Service Charge - £178.73
Total Monthly Charge - £658.29 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

The property sits in a well connected, residential area offering a variety of local amenities. Local supermarkets, fitness centres, schools, and healthcare facilities are all within easy reach, making daily errands and routines simple.

Residents can enjoy green spaces such as Lily Hill Park and Mill Park, perfect for outdoor activities and relaxation. The nearby Lexicon shopping centre provides a mix of retail, dining, and entertainment options.

Bracknell Station is just a short walk away, offering direct train services to London Waterloo in approximately 60 minutes.

Energy rating band - B
Environmental impact band - B

Years remaining on lease: 990

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

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.