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£106,000

1 bed flat for sale
Threshing House, Harvest Path, Arborfield, Wokingham RG40

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

Winkworth - Wokingham

Logo of Winkworth - Wokingham

About this property

  • Chain Free

  • Shared Ownership

  • Modern 1 bedroom apartment

  • Fitted kitchen with appliances

  • Council tax band B Wokingham

  • Broad band basic 24Mbps

  • Satellite/Fibre Availability Sky & BT

  • Mobile coverage O2, EE, Vodafone & Three

  • Service/insurance/management Charges circa £74.04 pcm

  • Rental fee circa £351.19 pcm

  • 990 years lease from 2023

  • 40% Share (£270,00 100% value)

Finchwood Park is set near the charming villages of Finchampstead and Arborfield.
Explore the 140 acres of green space on your doorstep, ideal for walks, picnics, and bike rides. And, with a range of shops and pubs nearby, you’ll have everything you need within easy reach.
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Finchwood Park you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual 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.

Update charges from 1st April 2025

Rent £351.19
Service Charge £49.63
Insurance Charge £12.41
Management Charge £12.00
Total £425.23
Abri have a ‘no pets policy’

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More information

  • Tenure

    Leasehold (Ask agent)

  • Service charge

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Winkworth - Wokingham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Winkworth - Wokingham for full details and further information.