Beatty Rise, Spencers Wood, Reading, Berkshire - 50% share (£110,000)

Share value: 50% - £110,000

Full price: £220,000 The full value of the property

Monthly payment: £332.35 The monthly payment you make for the share of the home that you don't own

Service charge: £102.14 pm Residents of a development pay this for maintenance of communal/external areas

Total monthly payment: £434.49


Years on lease: 87

Eligibility: Live & Work in Local Authority

A well presented second floor flat in good condition. The accommodation comprises of entrance hall with built-in storage cupboard, bathroom with WC, kitchen, reception room and two bedrooms, one with built-in wardrobe. Outside there are well kept communal grounds and areas, communal bin and bike stores, a useful storage shed and an allocated parking space. The property also benefits from gas fired central heating and double glazing.

Location

Located within a modern residential estate of mixed properties, conveniently close to local facilities at Spencers Wood. Town centre services and mainline station available nearby at Reading. Good access to M4 motorway.

Description

Key Features

  • Second floor flat
  • Two bedrooms
  • In good condition
  • Allocated parking
  • Gas fired central heating and double glazing
  • Popular Spencers Wood location
  • Available on 50% shared ownership basis

Full Description

A 2 bedroom second floor flat available through our Shared Ownership Scheme

Available for £110,000 for 50% share based on the marketing figure of £220,000

So Resi Monthly Payment- £332.35
Monthly Service Charge - £102.14
Total Monthly Charge - £434.49 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details

Entrance hall
Built-in storage cupboard

Bathroom with WC
Three piece white suite
Shower over bath

Kitchen:
3.27 x 1.90
Good range of modern units
Gas hob
Cooker
Space for fridge/freezer
Washing machine and slim line dishwasher

Reception room:
4.34 x 4.10

Bedroom 2:
2.86 x 2.98

Bedroom 1:
2.83 x 4.27
Built-in wardrobe

Outside:
Well kept communal grounds and areas.
Communal bin and bike stores.
Private storage shed.
Allocated parking space

EPC Rating

Energy Rating Band - B

Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for So Resi payment 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.

How do I apply?