Oakingham Place

Communal lounge

Watch our video about Retirement Living

Gardens

Communal gardens

Kitchen

Dining area

Dining Area

Kitchen

Living room

Typical dining area

Bedroom

Shower Room

Guest suite

Oakingham Place CGI Flythrough

Purchase

1 bed from
£389,500
2 beds from
£519,000

Request a visit

Freephone:

0800 201 4811

Retirement Properties in Wokingham

This brand new development on Reading Road in Wokingham is now selling off-plan and is already 50% reserved!

This beautiful Retirement Living development of 34 one and two bedroom apartments, is situated just minutes from the centre of this historic market town. As well as a stylish communal lounge in which homeowners can socialise over a cup of tea or coffee, this development benefits from a beautifully landscaped garden at the rear, providing a secluded green space for all residents to enjoy. With the land being predominantly flat, getting around is easy and comfortable, no matter your level of mobility and there is of course a lift to all floors for your added convenience. If you are looking for a small area of outdoor space to call your own, many of the apartments even have their own private terrace or balcony.

To ensure your comfort, safety and security at all times, there is a dedicated House Manager available during office hours, as well as a 24-hour call system for emergencies. For that added peace of mind, there is also a camera entry system that will link to your television so you will always know who you are letting in.

Being just 1 mile from Wokingham town centre, you will have a wealth of local amenities, from shops and eateries to supermarkets and various medical centres. And getting around won't be a problem, whatever your preferred mode of transportation. As well as on-site parking, there will be a scooter room. Plus, with four bus stops within a mile of the development and Wokingham train station just 0.3 miles away, you will easily be able to visit the surrounding local areas or even take a day trip into London.

Development Highlights

Dedicated House Manager
Located close to the centre of a historic market town
Great public transport links with easy access to central London and beyond
Development includes a door-camera entry system, car parking and landscaped gardens

Key Features

House Manager
Communal lounge
Wheelchair access
Lifts to all floors
Guest suite
Fire detection
Lounge Wi-Fi access
Intruder alarm
Pets allowed

Interactive Site Plan

Our interactive site plan allows you to easily find available retirement properties. Click the tabs to view each floor. You'll see that one-bedroom homes are in yellow and two-bedroom homes are in purple. When you click on a property, you'll find out whether it is available for sale, rent or shared ownership, as well as pricing. Click on 'view property' to find out more. Retirement homes shown in red are already reserved, sold or rented out, but may be available on our Resales website.

Explore properties

Occupancy options

Found a property that takes your fancy? Find out more about the practical details including information on service charge and FAQS.

The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2023

You can buy properties on this development. If you’d like to own your retirement property, we can help make the move as stress-free as possible, including support with packing and removals. If you have a home to sell, we can even act as a cash buyer, so you’ll avoid chains and estate agent fees.

Electricity, heating and lighting (communal areas)
Water and sewage (communal areas and apartments)
Maintenance of building and gardens
Building insurance
Development staff
Future maintenance fund
Professional fees
Emergency call system
Income to guest suites and sundry income

What's not included?

Electricity, heating and lighting (apartments)
Home and contents insurance
Council Tax
Phone / broadband
TV licence / TV service

1 Bedroom Apartment

Service Charge *

£65.51

2 Bedroom Apartment

Service Charge *

£98.27

* Reviewed annually

Many of our homeowners are pleased to find that the service charges for their apartment tend to work out at less than what they were paying in like-for-like costs at their previous property.

Energy bills often turn out to be lower thanks to the modern construction methods we use at all our developments. Your new apartment is also likely to be a more manageable size and so cheaper to run.

When Customers discuss the purchase of a McCarthy Stone apartment with us, they receive a service charge leaflet and our Sales Executive sits down with them to help them fill in the costs, review what is covered in the management services and compare them to day-to-day running costs in their current home. Our Sales Executive ensures that they have a detailed knowledge of ongoing costs before a sale is completed

Usually this can take between 12 to 16 weeks. We understand that some customers may have a time period that will more suitable for them and we aim to be as flexible as we can.

Yes. If you want a quick, simple way to sell your home and move into one of our retirement properties, then Part Exchange could be the answer. For more information please click here .

We have an expert resales team for people selling our retirement properties, with an extensive database of customers waiting to move in. This helps us to sell faster and at a better price than traditional estate agents. On average the McCarthy Stone Resales team achieve a net price increase on the retirement properties they sell. For example, for properties bought new in the last three years and since resold, the net increase averages 6%. View resale retirement homes.

You have the option to part buy, part rent your retirement property. It’s an affordable way to enjoy all the benefits of our retirement apartments without committing to the full purchase price. If you want more financial flexibility, this could be the right option for you.

It’s an affordable approach to owning a stunning new retirement home:

You may be able to access cash tied up in your existing property (known as ‘equity release’)
You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
If you want, we can buy your existing property as a part exchange
You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees

The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013 and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.

A flexible, affordable alternative to outright purchase, with all the benefits of ownership. For more information call: 0800 201 4811

How it works
You purchase a minimum 50% share in a brand new McCarthy Stone retirement property and pay rent on the part you don’t own.

Benefits include:
It’s an affordable approach to owning a stunning new retirement home

You may be able to access cash tied up in your existing property (known as ‘equity release’)
You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
If you want, we can buy your existing property as a part exchange
You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees

Terms and conditions apply

No. This offer is available at selected McCarthy Stone developments, so make sure you check with the sales team on site.

70% is the standard option – there are options to increase this over time, known as staircasing.

What further costs and fees are involved You can purchase further 10% increments, based on valuation at that point. You can staircase to 100% at which point the property would be wholly owned. You would stop paying rent, but service charges continue to be payable to McCarthy Stone.

Each time you staircase you need to plan for additional costs such as valuation fee, legal expenses, SDLT*/LTT** if applicable.

*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018

You will need to pay SDLT*/LTT** on a private shared ownership property, but you may have less to pay than if you had purchased outright. You should seek advice from your solicitor to confirm how much SDLT you have to pay.

*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018

The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013, and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.

Video

Oakingham Place

Watch: Oakingham Place CGI Flythrough

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"It was a bit of a shock when Ted said I think we should move. He'd done all the research without me knowing, before dropping the bomb shell!"

THE LOCAL AREA

Living in Wokingham

Wokingham is a flourishing and historic market town located in the county of Berkshire, approximately 40 miles away from central London.

The town is incredibly popular with shoppers because it’s home to a wide range of facilities and amenities, including several large supermarkets, independent convenience stores, cafes and restaurants. At our retirement properties in Wokingham, you’ll be ideally situated to make the most of these, as the development is close to the high street where a popular market is held Tuesday, Thursday, Friday and Saturday.

Wokingham

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Joel Park

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St Paul's Church

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Wokingham

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Plenty of locally made treats!

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Wokingham

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Kentwood Meadows

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Local shops

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Wokingham Market

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Wokingham Town Centre

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Wokingham

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Wokingham also has a vibrant local community. From live music through to fun days, arts and theatre, there’s always something going on to keep you entertained. Highlights of the year include the Wokingham Festival and the Wokingham Music, Food and Drink Festival. If you’re looking for some quiet leisure activities, Wokingham has a number of parks and a local nature reserve, while the council also provide a number of leisure facilities including the Pinewood Leisure Centre, which is home to over 20 clubs and associations.

If you’d like to get out and explore in your retirement, then Wokingham is a great location. Our retirement properties in Wokingham will be connected to local towns and villages by a comprehensive network of local buses. Plus, Wokingham railway station will be close by. From here, you can catch trains directly to London Waterloo and Gatwick airport.

Wokingham Facts:

46,745

People

7 Miles

From Reading

Oakingham Place

54-58 Reading Road, Wokingham, RG41 1EH

View interactive map

Conveniently situated close to these local amenities:
Bus Stop
Hope & Anchor Pub
Waitrose
Wokingham Bowling Club

Our Wokingham development will be located on Reading Road, only 0.4 miles away from the town centre. The town benefits from a large range of shopping facilities, including a Waitrose which will be under 0.5 miles away. Within 1 mile, you’ll also find a number of independent stores, cafes, restaurants, a Post Office, a medical centre and a hospital.

If you’d like to head on a day trip, then the development will also only be 0.2 miles away from Wokingham railway station.

If you’d like to stay in Wokingham then you’ll find plenty to do, including a park, a selection of walks along Emm Brook and a village hall that hosts events.

Getting to Location

If you are using a Sat Nav system you may need the full address of this development. The postcode may be newly created by Royal Mail and may not be accurate for some months.

Our people

The Team at Oakingham Place

Mandy Bell

Sales Consultant

It is so rewarding to help our customers on this journey and see them happily settled in their new home with new friends.

Oakingham Place

Oakingham Place

Retirement Properties in Wokingham