£125,000

1 bed flat for sale
Lockhart Drive, Wokingham, Berkshire RG40

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Shared ownership
Leasehold
Added on 08/10/2025

About this property

    Shared ownership one bedroom apartment available to purchase from a 50% share from £125,000 with a minimum 5% mortgage deposit. Call today to arrange your appointment to view.

    This modern one-bedroom apartment is well presented and offers a perfect blend of modernity, convenience, and green space. With a -year lease and allocated parking, this home also benefits from a spacious open-plan kitchen, dining and living area with modern fittings, a good sized double bedroom, and a well-appointed bathroom, making it an ideal first-time buy.

    Full Market Value: £250,000
    50% Share Price: £125,000
    Rent on un-owned share £ pcm
    Estimated estate charge £ pcm
    You may purchase a higher share should you qualify to.
    There is a local area restriction as to who can buy this property, please contact us to discuss.
    *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
    Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

    Mortgage calculator

    Monthly repayment

    £625 per month

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    • Tenure

      Leasehold (118 years)

    • Service charge

      £100 per year

    • Council tax band

      B

    • Ground rent

      £392

    • Ground rent date of next review

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