Full price: £200,000 The full value of the property
Share value: 45% - £90,000
Estimated monthly cost*: £931
Estimated Monthly Mortgage*: £451
SO Resi Monthly Payment: £301.10 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £178.87 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: 110
This elegant apartment in Cheapside, Reading is now available for sale though the Shared Ownership Scheme. The flat comprises one double bedroom, open plan fitted kitchen with living area, modern bathroom and reception area. The property is centrally situated with excellent access to all facilities, amenities and transport links.
- Minimum income requirement £31,228
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
A one bedroom apartment located in Reading available through the Shared Ownership Scheme.
Available for £90,000 for 45% share based on the marketing figure of £200,000.
SO Resi Monthly Payment - £301.10
Monthly Service Charge - £178.87
Total Monthly Charge - £479.97 PLUS MORTGAGE REQUIRED FOR 45% SHARE
4.72m x 4.33m
3 piece suite with shower over bath
3.821m x 3.2m
Energy Rating Band - TBC
Environmental Impact Band - TBC
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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