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

Estimated Monthly Mortgage*: £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.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.

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.


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


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


Modern fitted kitchen
1.9m x 3.1m

Living room:
Juliette balcony
4.4m x 4.11m

3 piece suite with shower over bath

Bedroom 1:
3.06m x 2.91m

Bedroom 2:
2.8m x 4.22m

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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