Gweal Avenue

Available

Property details

A modern second floor apartment with two double bedroom, finished to the usual high standards you expect from the well respected developer St. James.The accommodation comprises entrance hall, two well proportioned double bedrooms as well as stylish en-suite to master bedroom, luxury fitted main bathroom, separate kitchen and living area, private entrance hall and utility cupboard with plumbing for washing machine. Externally the property offers allocated parking space, well-maintained communal gardens and sheds with key-lock ideal for secure bike storage.


- Minimum income requirement - £25,365

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Key Features

Two double bedrooms
Second floor apartment
Purpose built
Communal gardens
Allocated parking space
Secure bike storage
Close to local amenities in Reading

 

Full Description

A two bedroom second floor apartment located in Reading available for sale through the Shared Ownership Scheme.
Available for £60,000 for 25% share based on the marketing figure of £240,000.

SO Resi Monthly Payment - £534.80
Monthly Service Charge - £164.27
Total Monthly Charge - £699.07 PLUS MORTGAGE REQUIRED FOR 25% SHARE.

Entrance hall
Utility cupboard with washing machine. Entry phone system.

Bedroom 1
3.69m x 2.79m
Fitted wardrobe.

En suite shower room
Large shower. White suite.

Bedroom 2
3.82m x 2.67m

Family bathroom
With WC and shower over bath. White suite.

Reception room
7.42m x 5.03m(maximum dimensions into bay windows)

Kitchen
1.91 x 2.66
Good range of modern contemporary wall and base units.
Gas cooker and hob.

Outside
Attractive and well maintained communal areas.

Parking
One allocated parking space and two visitor permit.

 

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: 88

Location

Located within the Kennet Island development of similar flats and houses, close to local amenities in Reading Town Centre. Morrisons/Aldi/Puregym/Pub are only a 10 min walk away. The rivers nearby are perfect for a walk as well as the Green Park/ Madejski Stadium down the road. The location is well-served by Junction 11(M4), a bus stop which is a 5 min walk away and direct transport links to Reading Town. The closest train station is Reading West, which is just under two miles away.

  • Car M4
  • Car A33
  • Bus 60A, 52A, 62A, 53, 6

Prices and monthly costs

Share price:

25% share (full price £240,000)

Estimated monthly cost:£1,000*

Monthly cost breakdown

Mortgage payment:£301

SO Resi Monthly Payment:£535

Monthly Service Charge:£164

* 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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