The Meridian, Kenavon Drive, Reading, Berkshire - 30% share (£72,000)

Full price: £240,000 The full value of the property

Share value: 30% - £72,000

Estimated monthly cost*: £1,024

Estimated Monthly Mortgage*: £361

SO Resi Monthly Payment: £510.44 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £153.62 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: 113

A two bedroom first flat available for shared ownership. The accommodation comprises of entrance hall, bathroom with wc, master bedroom with ensuite shower room, second bedroom, living room and kitchen. Outside there are well-kept communal areas including a garden and allocated parking. The property has electric radiator central heating.


Located within a modern block of similar flats close to shops and facilities at Reading town centre. Good access to A33 and M4 motorway.


A two bedroom flat available through Shared Ownership Scheme
Available for £97,500 for 30% share based on the marketing figure of £325,000
So Resi Monthly Payment - £510.44
Monthly Service Charge - £153.62
Total Monthly Payment- £664.06 PLUS MORTGAGE REQUIRED FOR 30% SHARE

Property details:
Entrance Hall
Storage/boiler cupboard
Entry phone

Bathroom with WC
Shower over bath
White suite

Living room
4.04m x 4.94m

1.88m x 3.59m
Wall and base units
Built in cooker and hob
Space for washing machine, fridge freezer and slim line dishwasher

Bedroom 1
3.30m x 2.79m plus 1.55m x 0.98m
Built in wardrobe

En-suite Shower room With WC

Bedroom 2
2.71m x 3.68m
Built in wardrobe

Well-kept communal garden and areas
Bin and bike store
Allocated parking space

EPC Rating:
Energy Rating Band - C
Environmental Impact Rating Band - C

All room dimensions approximate.
Please note figures given for rent 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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