MTVH SO, 42, Dowles Green, Berkshire, RG40 5AB

Shared Ownership This superb modern home is available to buy from as little as £178,000 with a 40% share!

A well-proportioned three-bedroom house offering approximately 866 sq ft of internal accommodation, together with useful external storage and two parking spaces.

The ground floor comprises a spacious separate reception room with direct access to the outside, a fitted kitchen and a convenient downstairs WC.

Upstairs are three bedrooms, including a generous principal bedroom a second bedroom with built-in storage, alongside the family bathroom.

Further storage is incorporated throughout the property, while the combination of three bedrooms, separate living spaces and two allocated parking spaces creates a practical and versatile home.

Dowles Green is a popular residential area within easy reach of Wokingham town centre, with local convenience shopping and both primary and secondary schools within walking distance.

Wokingham railway station is approximately 1.2 miles away, providing connections towards Reading and London Waterloo, while nearby road links offer convenient access towards the A329(M) and M4.

Pricing & affordability Full Market Value: £445,000 40% Share Price: £178,000 (rent £898.99pcm) Minimum 5% Mortgage Deposit (40% share): £8,900 Approximate Service Charges: £73.64pcm* Lease: 99 years*** 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.

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. *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.

** This home can also be purchased outright (100% of the value) which is £445,000 and a purchaser would not need to meet the eligibility criteria listed above.

***A new lease will be provided with 99 years.