Beatty Rise, Spencers Wood, Reading, Berkshire - 50% share (£115,000)

Full price: £230,000 The full value of the property

Share value: 50% - £115,000

Estimated monthly cost*: £1,001

Monthly Mortgage payment*: £576

SO Resi Monthly Payment: £326.57 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £99.14 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: 87

Eligibility: Live & Work in Local Authority

Two bedroom first floor flat available for shared ownership. The property comprises of a master bedroom, a second bedroom, living room with Juliette balcony, modern fitted kitchen, bathroom with 3 piece suite with shower over bath and carpark with allocated parking. Double Glazed. Good condition. Gas fired boiler and immersion. Good Storage.

Location

Spencers Wood is well located for road access with M4 nearby. Hourly bus services

Description

Key Features

  • Two Bedrooms
  • First floor flat
  • Allocated parking space
  • Juliette balcony
  • Good condition
  • Available for 50% Share

Full Description

A two bedroom first floor located in Reading available through Shared Ownership Scheme

Available for £115,000 for 50% share based on the marketing figure of £230,000

So Resi Monthly Payment - £326.57
Monthly Service Charge - £99.14
Total Monthly Charge - ££425.71 PLUS MORTGAGE REQUIRED FOR 50% SHARE

- Please note that applicants that live/work in the local authority of Wokingham will be given priority.

Property Details

Hallway:
Cupboards

Kitchen:
Modern fitted kitchen
1.9m x 3.1m
5.87m²

Living room:
Juliette balcony
4.4m x 4.11m
17.87m²

Bathroom:
3 piece suite with shower over bath

Bedroom 1:
3.06m x 2.91m
8.84m²

Bedroom 2:
Wardrobe
2.8m x 4.22m
11.83m²

External:
Car park and development grounds
1 allocated parking space and sheds (masonry)

EPC Rating

Energy Rating Band - B
Environmental Impact 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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