Shared Ownership
This brand new home is available to buy from as little as £88,125 with a 25% share and parking!
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: £352,500
25% Share Price: £88,125 (rent £605.86pcm)
50% Share Price: £176,250 (rent £403.91pcm)
75% Share Price: £264,375 (rent £200.52pcm)
Minimum 5% Mortgage Deposit (25% share): £4,406
Approximate Service Charges: £ 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.
