Gweal Avenue, Reading, Berkshire - 25% share (£53,750)

Full price: £215,000 The full value of the property

Share value: 25% - £53,750

Estimated monthly cost*: £740

Estimated Monthly Mortgage*: £269

SO Resi Monthly Payment: £348.75 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £122.27 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: 90

A modern ground floor flat in good condition. The accommodation comprises of entrance hall, bedroom, reception room, kitchen and bathroom with wc. Outside there are well-kept communal areas and an allocated parking space. The flat has gas central heating and double glazing.


Town centre and mainline station located nearby at Reading. Good access to M4 motorway.


Key Features

  • Ground floor flat
  • One bedroom
  • Good/modern condition
  • Secure entry phone system
  • Allocated parking
  • Gas fired central heating and double glazing
  • Sought after Kennet Island location
  • Available on 25% Shared Ownership basis

Full Description

A One bedroom flat available through Shared Ownership Scheme

Available for £53,750 for 25% share based on the marketing figure of £215,000

So Resi Monthly Payment - £348.75
Monthly Service Charge - £122.27
Total Monthly Charge - £471.02 PLUS MORTGAGE REQUIRED FOR 25% SHARE

Property Details:

Entrance Hall
Storage/utility cupboard

2.64 x 3.81
Built-in cupboard

Reception room:
5.38 x 2.92 opening to 3.67

2.34 x 3.05
Good range of modern units
Built in cooker
Gas hob and fridge freezer

Bathroom with wc:
Three piece white suite
Shower over bath

Well-kept communal grounds and areas
Communal bin and bike stores
Allocated parking space
Additional visitor parking

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 refer to Resale Team for up to date information.

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