Ashdene Gardens, Reading, Berkshire - 40% share (£70,000)


Property details

Spacious one bedroom flat on in Central Reading, RG30. The property comprises of a hallway with storage cupboards, modern fitted kitchen and diner with lounge, bathroom with shower over bath, large double bedroom with fitted wardrobe. Included allocated parking spot. Less than 5 minutes away from local shops. Within established residential in Southcote to the west of Reading.

Key Features

  • One bedroom
  • Second floor
  • Good condition
  • Double glazed windows
  • One allocated parking
  • Available for 40% share

Full Description

A one bedroom second floor located in Reading available through Shared Ownership Scheme

Available for £70,000 for 40% share based on the marketing figure of £175,000

SO Resi Monthly Payment - £382.67
Monthly Service Charge - £120.69
Total Monthly Charge - £503.36 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Minimum income requirement - £25,849

Buy more shares for a minimum of 10%

Property Details


1.91m x 3.31m

4.67m x 3.35m

3 piece suite with shower over bath

Bedroom 1:
4.44m x 3.06m

Development grounds
1 allocated parking space

Gross Internal Area: 46m²

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

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Other information

Years on lease: 93


Less than 5 minutes away from local shops. Within established residential in Southcote to the west of Reading. Generally good access to facilities, transport links and road network. Newly renovated town centre is 15 minutes away. Supermarket is 5 minute drive away.

Prices and monthly costs

Share price:

40% share (full price £175,000)

Estimated monthly cost:£854*

Monthly cost breakdown

Mortgage payment:£351

SO Resi Monthly Payment:£383

Monthly Service Charge:£121

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

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