2 bed Flat For Sale £119,000
Shared ownership (Advertised price represents 35% share. Full market value £340,000). This building is period in look but much more recent in construction and located on a quiet, private road in pleasant, leafy surroundings. The property available is a stylishly-presented flat, on the ground floor, which features a reception room with attractive, herringbone flooring and a bay window that faces the communal garden. There is a semi-open-plan kitchen, a spacious main bedroom with built-in wardrobe and en-suite shower room, a second good-sized double bedroom and a bathroom with both overhead and separate hand-held shower. Well insulated walls, double glazed windows and gas central heating make for a good energy-efficiency rating. The excellent range of shops, and other amenities, of the town centre are close by and Wokingham Station, for rail services between Reading and Redhill/Gatwick/London Waterloo, is within comfortable walking distance or a brief cycle ride. The flat comes with use of a parking space.
Interested parties are required to complete the shared ownership common application form
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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Home Group.
Tenure: Leasehold (125 years from 2012).
Minimum Share: 35% (£119,000).
Shared Ownership Rent: £265.80 per month (subject to annual review).
Service Charge: £93.80 per month (subject to annual review).
Guideline Minimum Income: Dual - £30,800 Single - £35,900 (based on minimum share and 10% deposit). (Calculated based on advised available rates. Subject to change.)
Council Tax: Band D, Wokingham Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Living / Dining Room
18' 7" into bay x 13' 0" max. (5.66m x 3.96m)
Kitchen
9' 4" x 7' 10" (2.84m x 2.39m)
Bedroom 1
12' 7" max. X 11' 5" max. (3.84m x 3.48m)
En-Suite Shower Room
Bedroom 2
14' 2" max. X 8' 9" max. (4.32m x 2.67m)
Bathroom
Interested parties are required to complete the shared ownership common application form
[]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Home Group.
Tenure: Leasehold (125 years from 2012).
Minimum Share: 35% (£119,000).
Shared Ownership Rent: £265.80 per month (subject to annual review).
Service Charge: £93.80 per month (subject to annual review).
Guideline Minimum Income: Dual - £30,800 Single - £35,900 (based on minimum share and 10% deposit). (Calculated based on advised available rates. Subject to change.)
Council Tax: Band D, Wokingham Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Living / Dining Room
18' 7" into bay x 13' 0" max. (5.66m x 3.96m)
Kitchen
9' 4" x 7' 10" (2.84m x 2.39m)
Bedroom 1
12' 7" max. X 11' 5" max. (3.84m x 3.48m)
En-Suite Shower Room
Bedroom 2
14' 2" max. X 8' 9" max. (4.32m x 2.67m)
Bathroom
