£121,500

This charming, well decorated two bedroom apartment is now available in In Wokingham through Shared Ownership.

The property on the ground floor comprises an entrance hall, a spacious living room, a fitted kitchen, two good sized bedrooms (master master bedroom has a en-suite) and a bathroom.

Outside, there are communal grounds and allocated parking. Perfect for couples and small families.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £121,500 for 45% share based on the marketing figure of £270,000.

Monthly rent - £511.26
Monthly Service Charge - £216.81
Total Monthly Charge - £728.07 plus mortgage required for 45% 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 is located in Winnersh close to a range of local amenities including supermarkets, shops, and restaurants. The local area offers a range of schools and recreational facilities. Winnersh train station is roughly a 10-minute walk from the property and offers connections to London and Reading.

Energy rating band - C
Environmental impact band - C

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.