Low-deposit route into a well-connected Berkshire neighbourhood with garden and parking.
35% share available — purchase price £162,750 based on £465,000 valuation
This two-bedroom semi-detached house in Wokingham offers an affordable route onto the property ladder through Shared Ownership, with a 35% share priced at £162,750 and a low minimum 5% deposit. The ground floor features a bright living room and modern kitchen, while two large first-floor bedrooms and a family bathroom suit couples or small families. Outside there’s an enclosed rear garden and allocated plus visitor parking.
Practical running costs are clear: monthly rent £437.66, service charge £99.32 (approx. £1,191.84 annually) and a total monthly outlay of £536.98 excluding mortgage. The property sits on a 118-year lease and is council-tax banded affordably; an annual rent increase applies each April. Energy performance is band C, and heating is gas boiler with radiators.
Notable limitations that may affect buyers: the property is leasehold with service charges and an annual rent uplift, which will influence long-term affordability and resale. Crime in the immediate area is reported above the national average. Prospective buyers should confirm mortgage availability for the remaining lease length and take legal and financial advice before proceeding.
Location strengths include fast broadband and excellent mobile signal, good travel links and nearby amenities in Wokingham, plus well-regarded local schools. Overall this is a practical, lower-deposit option for first-time buyers seeking an entry point in a very affluent area with straightforward living accommodation and modest running costs.
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