Full price: £275,000 The full value of the property
Share value: 50% - £137,500
Estimated monthly cost*: £1,208
Estimated Monthly Mortgage*: £689
SO Resi Monthly Payment: £376.14 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £142.16 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: 87
A modern ground floor apartment in Reading available for sale through the Shared Ownership Scheme. This property comprises of hallway, modern fitted kitchen, lounge with entrance to communal garden, bathroom with 3 piece suite with shower over bath. There are also two spacious double bedrooms, one master bedroom with en-suite bathroom and second bedroom. Externally the property offers well-kept communal terrace and secure allocated parking space.
- Minimum income requirement - £45,130
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
The property is only a short walk away from all the local amenities like cinema, shops, hotels and supermarkets in the centre of Reading. It is also within walking distance to Reading train station and close to A33 motorway.
A two bedroom ground floor apartment located in Reading available for sale through Shared Ownership Scheme.
Available for £137,500 for 50% share based on the marketing figure of £275,000.
6.7m x 3.37m
3 piece suite with shower over bath
3.19m x 3.09m + 1m x 1.87m
2.75m x 3.37m + 1.13m x 2.1m
Development grounds with communal terrace
One secure and undercroft parking space
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 refer to Resale Team for up to date information.
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