Lundy House, Drake Way, Reading, Berkshire - 40% share (£87,200)

Full price: £218,000 The full value of the property

Share value: 40% - £87,200

Estimated monthly cost*: £932

Monthly Mortgage payment*: £484

SO Resi Monthly Payment: £342.75 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £105.38 Residents of a development pay this for maintenance of communal/external areas


Years on lease: 89

Modern one bedroom flat located in Reading available for shared ownership. This property comprises of one double bedroom, living room with balcony, kitchen with access to lounge, hallway with cupboard, bathroom with 3 peice shower over bath and allocated parking. Electric heating.


In modern residential development with good access to transport links.


Key Features

  • One Bedroom flat
  • Second floor flat
  • Allocated parking space
  • Private balcony
  • Good access to transport links
  • Modern Development
  • Available for 40% Shared Ownership

Full Description

A one bedroom second floor flat located in Reading available through Shared Ownership Scheme

Available for £87,200 for 40% share based on the marketing figure of £218,000

So Resi Monthly Payment - £342.75
Monthly Service Charge - £105.38
Total Monthly Charge - £448.13 PLUS MORTGAGE REQUIRED FOR 40% share

Property Details:

1.05m x 4.42m + 1.23m x 2.4m

Open to lounge
1.96m x 3.08m

Living Room:
4.13m x 2.73m + 2.21m x 0.80m

3 piece suite with shower over bath

Bedroom 1:
2.95m x 4.12m

Private balcony off lounge
Development grounds.

EPC Rating
Energy Rating Band - C
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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