Full price: £290,000 The full value of the property
Share value: 40% - £116,000
Estimated monthly cost*: £1,051
Estimated Monthly Mortgage*: £581
SO Resi Monthly Payment: £421.85 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £47.78 Residents of a development pay this for maintenance of communal/external areas
* 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.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 89
Two bedroom semi detached house in the Kennet Island development, this two storey property has an entrance hall, WC, kitchen and lounge located on the ground floor and two bedrooms located on the first floor. The property also benefits from allocated parking and a rear garden with artificial turf.
- Minimum income requirement - £38,462
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Located close to Reading town centre and railway station, the Kennet Island development is close to local shops including Morrisons supermarket,Also close to a hotel and a hospital.
Two storey semi detached house
Close to Reading town centre
Small rear garden
Allocated parking space
Available for 40% share
A two bedroom semi detached house located in Reading available through the So Resi Shared Ownership Scheme
Available for £116,000 for 40% share based on the marketing figure of £290,000
Entrance hall with fitted understairs
4.26 x 3.98
Cloakroom with WC.
2.14 x 3.04
First Floor: Landing with fitted airing cupboard.
Bathroom with WC.
2.10 x 4.76.
3.14 x 3.58 plus 1.10 x 1.63
Private front and rear gardens.
Allocated parking space.
Additional visitor parking spaces.
Energy Rating Band - B
Environmental Impact Band - C
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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