The Meridian

Available

Full price: £220,000 The full value of the property

Share value: 40% - £88,000

Estimated monthly cost*: £1,158

Estimated Monthly Mortgage*: £441

SO Resi Monthly Payment: £511.45 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £205.00 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: 108

Spacious first floor apartment in Reading available for sale through the Shared Ownership Scheme. The property comprises entrance hall, living room with open plan kitchen, master bedroom with en suite shower room, further double bedroom, family bathroom. The property also offers an allocated underground parking space.

- Minimum income requirement - £33,500

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

 

 

Location

The property is located within an established residential and part commercial area located to the west of Reading town centre. The property is located close to Reading Town centre with the closest train station (Reading train station) only a 10 minute walk away. There is a supermarket and two primary schools in close proximity to the property. The location is well-served by transport links; bus stop right outside and easy access to A329.

  • Rail Reading Station

Description

Key Features

Two bedrooms
First floor flat
Good condition
Electric heating
Residents' parking
Secure bike storage
Communal gardens
Close to local amenities in Reading


Full Description

A two bedroom first floor apartment located in Reading available through the Shared Ownership Scheme.
Available for £88,000 for 40% share based on the marketing figure of £220,000.

SO Resi Monthly Payment - £511.45
Monthly Service Charge - £205.00
Total Monthly Charge - £716.45 PLUS MORTGAGE REQUIRED FOR 40% SHARE


EPC Rating

Energy Rating Band - B
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 contact us for more information.

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