2 bed flat for sale

Watson House, Wokingham, Berkshire RG41

This bright, well-presented two bedroom flat is now available in Wokingham through Shared Ownership.

The property on the ground floor comprises a communal entrance lobby with a staircase leading to the flat on the second floor. The flat comprises a private entrance hall with fitted storage cupboards, an open plan kitchen/reception room, two bedrooms and a bathroom with a WC.

Outside, there is a private balcony, communal grounds and areas, including bin and bike storage. There is also an allocated parking space and additional visitor parking.

Available for £108,500 for 35% share based on the marketing figure of £310,000.

Monthly rent - £316.08
Monthly Service Charge - £202.60
Total Monthly Charge - £518.68 plus mortgage required for 35% 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 situated on the second floor within a three storey building. It is located within a modern residential development, with local shops, railway station and other amenities available nearby at Winnersh.

The nearest bus stop is a 7 minute walk away, whilst Winnersh railway station is a 16 minute walk.

The closest supermarket is a 14 minute walk or a 4 minute drive. In addition, green spaces and playgrounds are within a 12 minute walk. Several schools can be reached within a 10 minute drive - ideal for families with children.

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.