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Arnold House, Market Street, Bracknell, Berkshire

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Brand new Shared Ownership home
  • Private balcony
  • 990 year lease
  • Short walk from The Lexicon & Bracknell train station
  • Choice of apartments from 2nd to 8th floor
  • Open plan living space

Description

Shared Ownership

This brand new home is available to buy from as little as £81,750 with a 30% share!

Discover contemporary town centre living at Brickmark Place, an exciting collection of one and two bedroom apartments available through Shared Ownership in the heart of Bracknell.

Perfectly positioned on Market Street, these stylish new homes put everything you need within easy reach. The Lexicon is just a short stroll away, offering an excellent choice of shops, restaurants, cafés and leisure facilities, while Bracknell’s parks and green spaces provide plenty of opportunities to escape the bustle and enjoy the outdoors.

For commuters, Brickmark Place is exceptionally well connected. Bracknell railway station is less than a five-minute walk away, with direct services to both Reading and London Waterloo. By road, the M3 and M4 are also easily accessible, providing convenient connections across Berkshire, Surrey and into London, while Heathrow Airport is approximately 30 minutes away.

Specification^ features on each home include:

• Kitchen
- Symphony Woodbury white gloss fitted units and soft-close doors/drawers
- Grey worktops with matching upstand
- 1 ½ bowl stainless steel sink with chrome mixer tap
- Electric hob, stainless steel single fan oven and extractor
- Integrated fridge freezer
- Plumbing and electrics for a dishwasher

• Bathroom
- Ideal standard white sanitaryware with dual flush WC
- Chrome mixer taps
- Porcelanosa tiled splashback above sink and full height above the bath and shower
- Thermostatic shower over bath with glass shower screen
- Shaver socker
- Heated chrome towel rail

• General
- Parking with selected two bedroom homes***
- Luxury vinyl tile flooring to kitchen, bathroom, living area and hallway
- Grey carpets to bedrooms
- Mains operated smoke and heat detectors
- Utility cupboard with Indesit washer/dryer
- TV aerial point to living room and bedroom
- White downlights to kitchen, bathroom and hallway
- Electric panel radiators


PRICING & AFFORDABILITY

Full Market Value: £272,500

30% Share Price: £81,750 (rent £437.14pcm)
50% Share Price: £136,250 (rent £312.24pcm)
75% Share Price: £204,375 (rent £156.12pcm)

Minimum 5% Mortgage Deposit (30% share): £4,088
Approximate Service Charges: £132.53 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Brickmark Place advertised shares start from 30% for a 1 bedroom home and 25% for a 2 bedroom home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Applications with a local area connection to Bracknell will be prioritised

^Abri Homes may occasionally substitute, change or remove items within this specification. They reserve the right to make these changes as necessary, without notice, and their accuracy or completeness is not guaranteed.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Arnold House, Market Street, Bracknell, Berkshire

Approximate location

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Affordability

Monthly repayments£395
Property: £ 81,750
Deposit: £ 8,175
Interest rate: 4.99%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About SOWN, Nationwide

Building 1, Meadows Business Park, Blackwater, Camberley GU17 9AB

We believe that Shared Ownership is the future of getting on the property ladder. And we're here to help you secure the right home for your needs - at your own pace.

Evolved from LRG in 2018, SOWN is a dedicated Shared Ownership brand. We provide a full sales and marketing service on behalf of Housing Providers and private sellers across the UK, for both new-build and re-sale Shared Ownership homes. Our specialist team focuses exclusively on Shared Ownership, which allows us to give the Shared Ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, Maidenhead, Manchester, London, Nottingham and Bishops Stortford.

At SOWN, we take care of everything. As part of the 40-year-strong LRG, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Providers. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way.

Our formula for getting Shared Ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all initial phone and web enquiries, which are then passed onto the Sales team and eventually our Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice.

Ready to start your Shared Ownership journey? To find out how SOWN can help you find your dream home, contact us today.

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Disclaimer - Property reference SDO260941. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.