Lundy House

1 bed flat / apartment

Share price: £76,000 (40% share)

5% min. deposit - from £3,800

Available

Property details

Modern purpose build ground flat in Reading available for sale through the Shared Ownership Scheme. The property comprises one double bedroom, open plan kitchen/reception area, bathroom with WC and hallway. The property comes with allocated parking space.

- Minimum income requirement - £27,146

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Available for £76,000 for 40% share based on the marketing figure of £190,000.

SO Resi Monthly Payment - £372.48
Monthly Service Charge - £97.41
Total Monthly Charge - £469.89 PLUS MORTGAGE REQUIRED FOR 40% SHARE.

Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/

Layout and dimensions

Ground floor

Lounge
4.08m x 3.58m

Kitchen
3.12m x 1.99m

Bathroom
Modern, 3 piece suite with shower over bath

Bedroom 1
3.91m x 2.56m

Approximate Area = 525 sq ft / 48.8 sq m

EPC rating


Energy Rating Band - C
Environmental Impact Band - B

Other information

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.

Years on lease: 86

5%

Our minimum deposit is only 5% of your share, making it easier than ever to get on the housing ladder!

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.

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