House For Sale £170,000
Shared ownership
This property is available to buy for as little £170,000 for a 40% share.
Offered to the market stands this very well sized and located 2 bedroom semi-detached home in the sought after area in Wargrave.
This property comprises of an entrance hall with a ground floor W/C, separate kitchen and large reception room. The first floor offers two good size double bedrooms with fitted storage in both, refitted family bathroom and storage space.
This house also benefits from having a large rear enclosed garden with side access, two allocated parking spaces to the front of the property and is available immediately.
Located in the popular Thames-side village of Wargrave, the centre is nearby with its shops, pubs, library and coffee shops. Further amenities are available in the market town of Henley-on-Thames. The station in Wargrave provides a local service that connects through to Twyford and on to the mainline in Reading (where the Elizabeth Line is now available) and direct to London Paddington. The M4 & M40 Motorways are easily accessible. There is an excellent choice of schools within the area, both state and independent. The Piggott Schools, from infant to 6th form, are located in the village, Reading Bluecoats in Sonning and Queen Anne’s in Caversham.
Pricing and affordability
Full Market Value: £425,000
40% Share Price: £170,000 (rent £584.38pcm)
50% Share Price: £212,500 (rent £486.98pcm)
75% Share Price: £318,750 (rent £243.49pcm)
Minimum 5% Mortgage Deposit (40% share): £8,500
Estimated service charge £308.84pa or £25.74pcm
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Kings Acre, you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). Please note this property has a staircasing restriction to 80%.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
• You have a local connection to Wokingham Council (work in the area or have family in the area).
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
** These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the property is ‘sold as seen’.
This property is available to buy for as little £170,000 for a 40% share.
Offered to the market stands this very well sized and located 2 bedroom semi-detached home in the sought after area in Wargrave.
This property comprises of an entrance hall with a ground floor W/C, separate kitchen and large reception room. The first floor offers two good size double bedrooms with fitted storage in both, refitted family bathroom and storage space.
This house also benefits from having a large rear enclosed garden with side access, two allocated parking spaces to the front of the property and is available immediately.
Located in the popular Thames-side village of Wargrave, the centre is nearby with its shops, pubs, library and coffee shops. Further amenities are available in the market town of Henley-on-Thames. The station in Wargrave provides a local service that connects through to Twyford and on to the mainline in Reading (where the Elizabeth Line is now available) and direct to London Paddington. The M4 & M40 Motorways are easily accessible. There is an excellent choice of schools within the area, both state and independent. The Piggott Schools, from infant to 6th form, are located in the village, Reading Bluecoats in Sonning and Queen Anne’s in Caversham.
Pricing and affordability
Full Market Value: £425,000
40% Share Price: £170,000 (rent £584.38pcm)
50% Share Price: £212,500 (rent £486.98pcm)
75% Share Price: £318,750 (rent £243.49pcm)
Minimum 5% Mortgage Deposit (40% share): £8,500
Estimated service charge £308.84pa or £25.74pcm
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Kings Acre, you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). Please note this property has a staircasing restriction to 80%.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
• You have a local connection to Wokingham Council (work in the area or have family in the area).
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
** These photos are for information purposes only have been digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. Furniture is not included in the purchase price and the property is ‘sold as seen’.
