Newstead Rise

Available

Full price: £194,000 The full value of the property

Share value: 50% - £97,000

Estimated monthly cost*: £790

Estimated Monthly Mortgage*: £486

SO Resi Monthly Payment: £196.45 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £107.10 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.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 75

Well presented two bedroom first floor flat in Reading. The property comprises of entrance hall, bathroom with WC, two bedrooms, kitchen and lounge and dining area. Outside there are communal grounds, gardens and an allocated parking space.

Location

Located close to local shops with buses to Reading and 15 mins to Reading train station with easy access to M4 motorway and bus routes to Reading town centre.

Description

Key Features
• Two bedrooms
• First floor
• Allocated Parking
• Close to Reading Town Centre
• Great travel facilities
• Available for 50% share basis

Full Description

A two bedroom first floor located in Reading available through Shared Ownership Scheme

Available for £97,000 for 50% share based on the marketing figure of £194,000

SO Resi Monthly Payment - £196.45
Monthly Service Charge - £107.10
Total Monthly Charge - £303.55 PLUS MORTGAGE REQUIRED FOR 50% SHARE
Minimum income requirement - £31,092


Buy more shares for a minimum of 10%


Well presented two bedroom first floor flat in Reading. The property comprises of entrance hall, bathroom with WC, two bedrooms, kitchen and lounge and dining area. Outside there are communal grounds, gardens and an allocated parking space.

Located close to local shops with buses to Reading and 15 mins to Reading train station with easy access to M4 motorway and bus routes to Reading town centre.

Property Details

Entrance hall
Storage cupboard

Bathroom with WC
Modern white suite
Shower over bath

Kitchen
1.75m x 2.06m
Good range of modern units
Applicants include gas hob and cooker

Bedroom 1
2.57m x 2.82m

Bedroom 2
2.91m x 2.71m

Living room
3.94m x 3.68m

Outside
Communal grounds and areas

Parking
Allocated parking space

EPC Rating
Energy Rating Band – C
Environmental Impact Rating 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.

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