Full price: £175,000 The full value of the property
Share value: 50% - £87,500
Estimated monthly cost*: £665
Estimated Monthly Mortgage*: £438
SO Resi Monthly Payment: £117.86 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £108.06 Residents of a development pay this for maintenance of communal/external areas
* 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.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 90
This modern apartment in Reading is available throughout the Shared Ownership Scheme. The property comprises one double bedroom, contemporary fitted kitchen, living area, bathroom and hallway including walk in cupboard and utility cupboard for a washing machine. The property comes with two allocated parking spaces.
- Minimum income requirement - £27,472
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is located in Brock Gardens. All usual shops and amenities are within close proximity. The closest train station is Reading West, which is within walking distance away. Main bus stops/ routes 200 feet away and Reading train station 1 mile away.The A33 road access is readily available. The property is close to local shops (Tesco, Waitrose), schools close by along with gyms and only one mile away to reading town centre.
Gas heating and boiler
Two parking spaces
Ample storage space
Close to local amenities in Reading
Available for 50% share
A one bedroom apartment located in Reading available for sale through the Shared Ownership Scheme.
Available for £87,500 for 50% share based on the marketing figure of £175,000.
SO Resi Monthly Payment - £117.86
Monthly Service Charge - £108.06
Total Monthly Charge - £225.92 PLUS MORTGAGE REQUIRED FOR 50% SHARE.
3.3m x 2.6m
2.9m x 4.3m
Floor Area (internal) Approx. 43.39 sqm
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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