Ducketts Mead

Available

Property details

This spacious two bedroom flat in Reading is available for sale through the Shared Ownership Scheme. The property comprises two large bedrooms, open plan lounge/dining room next to a well fitted kitchen, one bathroom and generous airing cupboard storage. Externally the property offers well-maintained communal grounds and one allocated parking space.


- Minimum income requirement - £40,385

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Key Features

Two bedrooms
First floor flat
Contemporary design
Good condition
Gas heating
Allocated parking space
Secure bike storage
Communal gardens
Close to local amenities
Available for 55% share


Full Description

A two bedroom first floor apartment located in Reading available for sale through the Shared Ownership Scheme.
Available for £126,500 for 55% share based on the marketing figure of £230,000.

SO Resi Monthly Payment - £261.32
Monthly Service Charge - £120.92
Total Monthly Charge - £ 382.24 PLUS MORTGAGE REQUIRED FOR 55% SHARE.

Two bedroom first floor purpose built flat within a three storey building of similar properties constructed around 2008. Located within a
modern residential development of mixed properties, with local shops available nearby at Shinfield. Extensive town centre amenities,
including railway station, available nearby at Reading.

Ground Floor
Communal entrance lobby with staircase

First Floor
Private entrance hall with fitted storage/airing cupboard.

Bathroom with WC. 

Reception room
3.58 x 4.75.

Kitchen
2.92 x 2.45.

Bedroom 1
2.32 x 4.59.

Bedroom 2
with fitted cupboard
2.80 x 4.59.

Outside
Communal grounds and areas, including bin and bike stores.
Allocated parking space


EPC Rating

Energy Rating Band - B
Environmental Impact Band - B

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.

Other information

Years on lease: 87

Location

The property is very well-connected to local facilities; supermarket within 2 mins drive, leisure centre and gym within 2 mins drive, several primary and secondary schools in catchment area. The property is also close to several transport links; bus stop on main bus route directly outside the house. The local train line is also in cycle distance or bus route. Within easy reach to town centre in 20 mins and to central London in 30 mins.

  • Car M4

Prices and monthly costs

Share price:

55% share (full price £230,000)

Estimated monthly cost:£1,016*

Monthly cost breakdown

Mortgage payment:£634

SO Resi Monthly Payment:£261

Monthly Service Charge:£121

* 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.

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