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Oakingham Place
Communal lounge
Bedroom
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Dining area
Communal lounge
Kitchen
Typical dining area
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Communal gardens
Kitchen
Living room
Gardens
Bedroom
Guest suite
Oakingham Place
Properties selling fast! Don't miss out - buy your new home today!
This beautiful retirement living development is situated just minutes from Wokingham town and is selling fast with over 70% now sold!
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.
Great Homes for Sale
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Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2023
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.
What is Part buy, part rent?
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
Is private shared ownership available at all McCarthy Stone developments?
No. This offer is available at selected McCarthy Stone developments, so make sure you check with the sales team on site.
What % of the property do I have to purchase?
70% is the standard option – there are options to increase this over time, known as staircasing.
What is staircasing and how does it work?
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
Do I pay Stamp Duty Land Tax (SDLT) or Land Transaction Tax (LTT) on a private shared ownership property?
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
How much rent will I have to pay and how will that change over time with rent reviews?
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.
Oakingham Place
Watch: Oakingham Place CGI Flythrough
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Join us at one of our events
- 23 May13:00 - 16:00
Grand Opening
23rd MayOakingham Place, 54-58 Reading Road, Wokingham, RG41 1EHWe’d love for you to join us at our Grand Opening with gardening celebrity Charlie Dimmock.
We’ll welcome you with drinks, canapés and live entertainment, before gardening celebrity Charlie Dimmock demonstrates how to create a herb garden and then officially opens this brand-new development in Wokingham.
Our friendly team will be on hand to give you the grand tour and to answer any questions you may have.
This event is hugely popular so ensure to book your place!
"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!"
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.
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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.
- 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.
The Team at Oakingham Place
Related Developments
Offers Too Good To Miss
Move For Free
Reserve a property at this development between 1st January and 26th April 2024 and we'll pay your Stamp Duty and help towards your legal, estate agent and moving fees*.
*Terms and conditions apply
Smooth Move
Nobody expects moving home to be easy, but we’re here to help you every step of the way; from the moment you make a reservation, through to the day you move in. Our Smooth Move service ensures everything goes like clockwork, which includes helping with the cost*.
To find our more please call 0800 201 4811.
Useful Links
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- Cut the cost of living: Moving into our retirement properties can save you significant sums.
- Enjoy a stress free move: Our services include Part Exchange, free removals and decluttering.
- Should you buy, rent or part buy, part rent? Find a flexible option to suit your circumstances.
- Discover thoughtful services: From friendly managers to buzzing bistros and homeowner perks.
Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.