£88,000
1 bed flat for saleWatermint Place, Bracknell, Berkshire RG12
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
This bright, well-presented one bedroom flat is now available in Bracknell through Shared Ownership.
The property is situated on the first floor which comprises one bedroom, a bathroom, and an open reception/ kitchen area leading to a private balcony.
Outside, there is allocated parking and communal gardens.
Available for £88,000 for 40% share based on the marketing figure of £220,000.
Monthly rent - £397.95
Monthly Service Charge - £137.12
Total Monthly Charge - £535.07 plus mortgage required for 40% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Location
The property is located in a mixed residential area in Bracknell, offering easy access to everyday amenities.
A bus stop is just a 2 minute walk away, while Bracknell Station can be reached in around 16 minutes on foot, providing South Western Railway services.
The nearest supermarket is a 13 minute walk or 3 minute drive, and the main retail shopping centre is only a 20 minute walk or a 6 minute drive, with a wide choice of shops, restaurants, entertainment and leisure facilities.
This is an ideal location for anyone looking for convenience and good local connections.
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%