Summary - Wentworth Place, London Road, Binfield, Bracknell, RG42 RG42 4FA
2 bed 1 bath Flat
Affordable 50% Shared Ownership flat with modern finish and parking — ideal first-time buyers.
Two-bedroom second-floor apartment with en-suite main bedroom
Open-plan living room with modern kitchen and good natural light
Allocated off-street parking and shared garden space
Available as 50% Shared Ownership — priced at £147,500
Minimum 5% deposit on share; mortgage required for share purchase
Service charge approx £1,906 pa; total monthly cost £561.95 plus mortgage
Leasehold with 88 years remaining — may affect mortgage/resale options
Slow broadband speeds locally; annual rent increases each April
This bright, modern two-bedroom second-floor apartment in Bracknell is offered via Shared Ownership, making homeownership more accessible for first-time buyers. The main bedroom includes an en-suite, while the open-plan living area features a contemporary kitchen and good natural light. Allocated off-street parking and a shared garden add practical outdoor space.
The property is available as a 50% share priced at £147,500 (full market value £295,000). A minimum 5% deposit on the share is required. Monthly costs are transparent: rent £403.12, service charge £158.83 (annual average £1,906), giving a total monthly outlay of £561.95 plus any mortgage payment on the share. Note an annual rent increase takes place each April.
Important practical points: the flat is leasehold with 88 years remaining, which can affect mortgage availability and future saleability — seek legal and financial advice. Broadband speeds are slow in the area, although mobile signal is excellent. The property sits close to local schools, bus routes and main roads (A329(M) and M4), making commuting and family life straightforward.
This apartment suits first-time buyers or couples seeking an affordable step onto the property ladder. It offers low local crime, good nearby schools, and a modern finish, while requiring awareness of ongoing service charges, the lease length and limited broadband speeds.
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