£140,250

This bright and spacious two bedroom apartment is now available in Bracknell, Berkshire through Shared Ownership.

The property on the ground floor comprises an entrance hall, lounge, kitchen, two bedrooms and a bathroom. Perfect for singles, couples or small families.

Outside, the property also benefits from an allocated parking space and communal areas.

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

Available for £140,250 for 55% share based on the marketing figure of £255,000.

Monthly rent - £509.52
Monthly Service Charge - £151.36
Total Monthly Charge - £660.88 plus mortgage required for 55% 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 a residential area around 1.1 miles west of Bracknell town centre, with convenient access to the A329(M).

There are bus stops within a 1-3 minute walk, and Bracknell train station is approximately 0.9 miles away providing South Western Railway services with links to London and Reading.

The town centre can be reached in around a 6 minute drive or a 25 minute walk. It offers a range of shopping centres and retail parks, along with a variety of shops, restaurants, cafés and leisure facilities.

In addition, there are 9 schools within 1 mile - making this a convenient location for families with children.

Energy rating band - C

Environmental rating band - C

Years remaining on lease: 964

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.