Full price: £220,000 The full value of the property
Share value: 40% - £88,000
Estimated monthly cost*: £1,083
Estimated Monthly Mortgage*: £441
SO Resi Monthly Payment: £482.52 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £158.68 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 82
This well-presented ground floor flat in Bracknell is now available for sale through the Shared Ownership Scheme. The property comprises an entrance hall with doors leading into two spacious bedrooms. There is also one recently refitted kitchen and bathroom, lounge/diner with access to the front garden.
The property is located in a mainly residential development to the West of Bracknell Town Centre, in close proximity to local amenities and schools. The property has good local bus services and is close to distribution routes of the A329, leading to the M4. More extensive facilities, plus main train station, are located in Bracknell Town Centre, a short commute away.
A two bedroom apartment located in Bracknell available for sale through the Shared Ownership Scheme.
Available for £88,000 for 40% share based on the marketing figure of £220,000.
SO Resi Monthly Payment - £482.52
Monthly Service Charge - £158.68
Total Monthly Charge - £641.20 PLUS MORTGAGE REQUIRED FOR 40% SHARE
Minimum income requirement - £32,583
London properties - Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.
Buy more shares for a minimum of 10%
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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