The Meridian, Kenavon Drive, Reading, Berkshire - 40% share (£112,000)

Full price: £280,000 The full value of the property

Share value: 40% - £112,000

Estimated monthly cost*: £1,309

Monthly Mortgage payment*: £622

SO Resi Monthly Payment: £494.43 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £193.40 Residents of a development pay this for maintenance of communal/external areas


Years on lease: 110

A two bedroom ground floor flat located close to Reading town centre available through shared ownership. The accommodation comprises of entrance hall, kitchen, living room, two double bedrooms, en-suite shower room with wc to bedroom one and bathroom with wc. Outside there are well-kept communal areas including a garden and underground allocated parking. The property has electric radiator central heating.


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


Available for £112,000 for 40% share based on the marketing figure of £280000
Monthly So Resi payment - £474.69
Monthly Service Charge - £176.77
Total Monthly Charge - £651.46 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Key Features
• Ground floor flat
• Two double bedrooms
• En-suite to bedroom one
• Secure telephone entry system
• Underground allocated parking space
• Electric radiator central heating and hot water
• Double glazing
• Close to town centre facilities and services at Reading
• Available on a 40% Shared Ownership basis

Property details:

Entrance Hall
Airing cupboard
Entry phone

3.57m x 1.87m
Good range of units
Built in cooker and electric hob. Space for fridge freezer and washing machine

Reception room
4.01m x 4.97m

Bedroom two
2.75m x 3.71m

Bedroom one
2.78m x 3.7m
Fitted cupboard (not included in room measurements)

En-suite shower room with WC
Three piece white suite including shower cubicle

Bathroom with WC
Three piece white suite
Shower over bath

Well-kept communal garden and areas
Communal bin and bike stores
Underground allocated parking space

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

All room dimensions approximate.
Please note figures given for monthly So Resi 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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