Connaught Road, Reading, Berkshire - 50% share (£130,000)

Full price: £260,000 The full value of the property

Share value: 50% - £130,000

Estimated monthly cost*: £1,151

Estimated Monthly Mortgage*: £651

SO Resi Monthly Payment: £378.30 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £122.45 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: 0

Eligibility: Live & Work in Local Authority

A spacious 2 bedroom apartment benefiting from communal garden and allocated undercroft parking available for shared ownership.

Location

Reading is a large town on the Thames and Kennet rivers in southern England with great transport links to London which is set to improve with the launch of Crossrail. Reading Town Center boasts lively bars, restaurants, and a range shopping facilities.

Description

Key Features

  • Two bedrooms
  • Good condition
  • accessible communal gardens and grounds
  • Allocated parking
  • West of Reading town center
  • Available on 50% Shared Ownership basis

Full Description

A 2 bedroom flat available through our Shared Ownership Scheme
Available for £130,000 for 50% share based on a market value of £260,000
Monthly So Resi Payment - £378.30
Monthly Service Charge - £122.45
Total Monthly Charge - £500.75 PLUS MORTGAGE REQUIRED FOR 50%share

The property is a well presented second floor two bedroom purpose built flat with allocated undercroft parking space.The property comprises of entrance hall, living room open plan to kitchen, bathroom, bedroom with en-suite facilities, and further double bedroom.The property has access to a communal garden area to the rear of the block.

EPC Rating

Energy Rating Band - B
Environmental Impact Band - B

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 refer to Resale Team for up to date information.

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