Thorney House, Drake Way, Reading, Berkshire - 40% share (£80,000)

Full price: £200,000 The full value of the property

Share value: 40% - £80,000

Estimated monthly cost*: £849

Monthly Mortgage payment*: £401

SO Resi Monthly Payment: £343.24 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge: £105.38 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.

Years on lease: 88

A well presented one bedroom ground floor flat in good condition. The accommodation comprises of private entrance hall, bathroom with wc, bedroom, reception room and kitchen. Outside there are well kept communal grounds and areas, including bin and bike stores. The property also benefits from allocated and Visitor parking spaces, double glazing and gas fired central heating.


Located within the popular Kennet Island residential development of mixed properties. Town centre facilities and mainline railway station located nearby at Reading. Good access to M4 motorway.


Key Features

  • Ground floor flat
  • One bedroom
  • Good condition
  • Secure entry phone system
  • Allocated parking space
  • Double glazing and gas fired central heating
  • Sought after Kennet Island location
  • Available on 40% Shared Ownership basis

Full Description

One bedroom flat available through our Shared Ownership Scheme

Available for £80,000 for 40% share based on a market value of £200,000

SO Resi Monthly Payment - £343.24
Monthly Service Charge - £105.38
Total Monthly Charge - £448.62 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Property Details

Private Entrance Hall
Fitted storage/airing cupboard

Bathroom with wc
Three piece white suite
Shower over bath

3.04 x 3.80

Reception room
3.72 x 5.03 (measured to maximum width and length)

2.64 x 2.41 (measured to maximum width and length)
Good range of modern units
Gas hob
Space for fridge/freezer and washer/dryer

Well-kept communal grounds and areas including bin and bike stores
Allocated parking space
Additional Visitor parking spaces

EPC Rating

Energy Rating Band - C
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 contact us for more information.

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