New Instruction
Threshing House, Harvest Path, Arborfield, Wokingham, RG40
1 bedroom flat/apartment in Harvest Path
£112,500 Leasehold
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PICTURES AND VIDEOS
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KEY FEATURES
- 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 £89pcm
- rental fee circa £341pcm
- 990 years lease from 2023
- 40% Share (£281,250 100% value)
KEY INFORMATION
- Tenure: Leasehold
Description
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.
Marketed by
Winkworth Wokingham
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