Plot 55, 18 Elm Park Drive, Finchampstead
- Shared Ownership
- 2 Allocated Parking Spaces
- Lease Term: 990 Years
- 4 Bedrooms
- PV Solar Panels
- Passive Electric Vehicle Point
- Private Rear Garden
- Percentage used to calculate rent payable on the unsold equity: 1.5%
- Local Connection to Wokingham Borough Council
- Standard Model Shared Ownership
SHARE EXAMPLE
40% share £220,000.00
FULL PRICE
£550,000.00
MONTHLY RENT
£412.50
MONTHLY SERVICE CHARGE
£20.91
ABOUT THE HOME
As you come into the home, the entrance hall houses a storage cupboard as you enter to your left followed by the stairs then leading up. To your right, you find the living room with a window looking out the front of the property and separating the living room from the kitchen/dining room at the rear is the downstairs W/C in the middle of the property. The kitchen/diner is a large space with a window and double French doors into the rear garden and under stairs storage.
On the first floor, the landing gives access to the family bathroom in front with a shower over the bath. To the front of the home is bedroom 1, a double with window and bedroom 3, a single with a storage cupboard and window looking out the front of the home. To the rear, you have bedroom 2, a double with window overlooking the private rear garden alongside bedroom 4, a single with storage cupboard and a window as well.
There are 2 allocated parking spaces which can be found to the side of the property with a passive electric vehicle point alongside the gate access to the garden.
OTHER BITS TO NOTE
Council tax banding - TBC.
Remaining term on lease - 990 years.
Please note that a local connection to Wokingham Borough Council is required with our homes at Coronation Fields that are under the standard shared ownership model lease. As part of the S106 agreement the local authority require us to submit all successful applications to them for approval before a home can be allocated and reserved. For more information, please speak to our sales team.
The homes we have available here at Coronation Fields are a mix of both the new and standard shared ownership model leases. Details on both model leases and how they differ can be found on our website. Please refer to the Key Information Document for more details on the lease type for this specific property.
* While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.