Lundy House, Drake Way, Reading, Berkshire - 40% share (£100,000)

Full price: £250,000 The full value of the property

Share value: 40% - £100,000

Estimated monthly cost*: £972

Monthly Mortgage payment*: £501

SO Resi Monthly Payment: £366.27 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £105.60 Residents of a development pay this for maintenance of communal/external areas

*Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

Years on lease: 91

Two bedroom first floor flat in good condition available for shared ownership. The property comprises hallway, open plan kitchen, living room with access to balcony, two bedrooms and bathroom. The property further benefits from allocated parking.



Two bedroom flat available through our Shared Ownership Scheme
Available for £106,000 for 40% share based on the marketing figure of £265,000
Monthly Rent - £366.27
Monthly Service Charge - £105.60
Total Monthly Charge - £471.87 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Property details:

Two cupboards

Modern fitted kitchen - 6.62m²
Open plan to lounge
2.24m x 2.96m

Living room - 13.75m² + 2.47m²
2.8m x 4.93m + 2.08m x 1.19m
Open plan to kitchen
French doors to balcony

3 piece suite with shower over bath

Bedroom 1 - 10.34m²
2.46m x 4.21m
Double wardrobe

Bedroom 2 - 7m²
2.36m x 2.97m

One allocated parking space

EPC Rating -
Energy Rating Band -
Environmental Impact Rating Band - B

All room dimensions approximate.
Please note figures given for rent and service charge are correct at time of marketing.
There is an annual increase that takes place. Please refer to Resale Team for up to date information.

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