RS: 5, Read, Woodlands Village

5, Read, Woodlands Village, Wakefield, West Yorkshire, WF1 5LQ

RS: 5, Read, Woodlands Village

1

1

Available Now

This one-bedroom flat is on the ground floor, is south-east facing and appears in excellent condition throughout. The reception room is semi-open-plan to the kitchen and the bedroom and bathroom are both quite spacious.

Modern insulation standards, double glazing and gas central heating make for a good energy-efficiency rating. Woodlands Village has attractive areas of communal garden along with a car park (spaces available on a first come - first served basis).

Alternatively, Sandal & Agbrigg and Wakefield Kirkgate Railway Stations are both within comfortable walking distance or a short bus/cycle ride.

Features:

  • Guideline Minimum Deposit £1,375
  • Guideline Minimum Income £16,000
  • Ground Floor
  • Approx. 485 Sqft Gross Internal Area
  • Semi-Open-Plan Reception/Kitchen
  • Double Glazing and Gas Central Heating
  • Communal Parking
  • Walking Distance to Railway Stations

Tenure:Leasehold (125 years less 5 days from 01/01/2006).
Minimum Share:25% (£13,750).
Shared Ownership Rent:£294.49 per month (subject to annual review).
Combined Service Charge and Admin Fee:£63.14 per month (subject to annual review).
Guideline Minimum Income:£16,000 (based on minimum share and 10% deposit)
Council Tax:Band A, Wakefield Council. Priority is given to applicants living and/or working in this local authority.

*Information is correct to the best of our knowledge, please speak to the estate agent for more information*

Shared Ownership Resales

When the owner of a Shared Ownership property decides to sell the share they own, this becomes a re-sale. You will only be able to purchase the same or larger share in the home as the existing owner, which can vary between 25% and 75% of the property's market value. Then, just like Shared Ownership, you pay a reduced rent on the remaining share. 

25% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£55,000.00 £13,750.00 £94.53

Find out more