£106,000
1 bed flat for saleThreshing House, Harvest Path, Arborfield, Wokingham RG40
1 bed
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
Winkworth - Wokingham
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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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Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review