Property Details: - Type: Semi-detached house - Bedrooms: 2 - Bathrooms: 1

Agent: SOWN - National Phone: 023 8221 9179

Shared Ownership<br/><br/>This superb modern home is available to buy from as little as £136,000 with a 40% share!<br/><br/>A well-presented and thoughtfully arranged home offering a comfortable blend of living and bedroom space across two floors. The ground floor features a bright and welcoming living area, complemented by a modern kitchen designed for both everyday use and entertaining. Upstairs, the property continues to impress with well-proportioned bedrooms and a family bathroom.<br/>Externally, the home benefits from a private rear garden—ideal for relaxing, outdoor dining, or gardening enthusiasts. An allocated parking space adds further convenience.<br/><br/>Situated in a popular residential area of Wokingham, the property enjoys a convenient position close to a range of local amenities, including shops, supermarkets, cafes, and well-regarded schools. Wokingham town centre is within easy reach, offering a wider selection of retail and dining options, as well as leisure facilities. For commuters, the area is well served by excellent transport links, with Wokingham railway station providing direct services to Reading, London Waterloo, and Gatwick Airport, while nearby road connections, including the A329(M) and M4, offer straightforward access to surrounding towns and major business hubs.<br/><br/>PRICING & AFFORDABILITY<br/><br/>Full Market Value: £340,000<br/><br/>40% Share Price: £136,000 (rent £657.78 pcm)<br/>Minimum 5% Mortgage Deposit (% share): £6800<br/>Approximate Service Charges: £88.33 pcm* <br/>Lease: 104 years<br/><br/>ELIGIBILITY<br/><br/>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.<br/><br/>To be eligible for shared ownership you would need to meet the following criteria:<br/><br/>• Your annual household income does not exceed £80,000<br/>• You have a deposit of at least 5% of the share value<br/>• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. <br/>• This will be your only residence.<br/>• You are a permanent UK resident or have indefinite right to remain.<br/><br/>*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.<br/><br/>* This home can also be purchased outright (100% of the value) which is £340,000 and a purchaser would not need to meet the eligibility criteria listed above.<br/>