Full price: £215,000 The full value of the property
Share value: 50% - £107,500
Estimated monthly cost*: £966
Estimated Monthly Mortgage*: £538
SO Resi Monthly Payment: £313.19 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £113.96 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:
A modern two double bedroom purpose built ground floor flat for sale through the Shared Ownership Scheme. The accommodation comprises of a hallway, modern fitted kitchen, living room, three piece bathroom with shower over bath and two bedrooms with built in wardrobe in the master bedroom. There is also one allocated parking and brick built sheds ideal for storing bikes.
The property is close to local amenities. There is a convenience store nearby along with bakery, pharmacy, hairdresser, dry cleaners, vet and many more local stores. Lambs Lane Primary School and Farm View nursery are located within half mile away. The property is located close to several transport links like Junction 11 M4 and the local bus route nearby.
A two bedroom ground floor apartment located in Reading available for sale through the Shared Ownership Scheme.
Available for £107,500 for 50% share based on the marketing figure of £215,000.
SO Resi Monthly Payment - £313.19
Monthly Service Charge - £122.63
Total Monthly Charge - £435.82 PLUS MORTGAGE REQUIRED FOR 50% SHARE
Minimum income requirement - £35,651
Buy more shares for a minimum of 10%
Communal entrance lobby
Private entrance hall with fitted cupboard
Bathroom with WC
1.89 x 3.29.
4.08 x 4.36.
2.97 x 2.88.
with fitted cupboard
4.22 x 2.80.
Communal grounds and areas, including bin store.
Private external brick store.
Allocated parking space.
Energy Rating Band - C
Environmental Impact Band - C
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.
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