Thorney House, Drake Way, Reading, Berkshire - 40% share (£79,200)

Full price: £198,000 The full value of the property

Share value: 40% - £79,200

Estimated monthly cost*: £860

Monthly Mortgage payment*: £397

SO Resi Monthly Payment: £358.49 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: 89

A 1 bedroom flat available through our Shared Ownership Scheme

Location

In modern residential development with good access to transport links and walking distance to shops.

Description

Key Features

  • First floor purpose built flat
  • One bedroom
  • Good condition
  • Allocated parking
  • District heating system
  • Good access to transport links
  • Available on 40% shared ownership basis

Full Description

A 1 bedroom flat available through our Shared Ownership Scheme

Available for £79,200 for 40% share based on the marketing figure of £198,000

Monthly Payment - £341.47
Monthly Service Charge - £109.74
Total Monthly Charge - £451.21 PLUS MORTGAGE REQUIRED FOR 40% SHARE

A first floor flat in good condition. The accommodation comprises of entrance hall, one bedroom with wardrobe, fitted kitchen, living room, and a bathroom with 3 piece suite with shower over bath.

Hallway

Kitchen: 3.52m x 1.80m
Fitted kitchen

Living room:3.67m.02m
Bathroom
3 piece suite with shower over bath

Bedroom 1: 2.82m x4.26m
Wardrobe

Outside:
Development grounds

Parking:
1 allocated parking space

EPC Rating

Energy Rating Band - B
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for rent and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.

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How do I apply?