Thorney House, Drake Way, Reading, Berkshire - 50% share (£127,000)

Full price: £254,000 The full value of the property

Share value: 50% - £127,000

Estimated monthly cost*: £1,082

Monthly Mortgage payment*: £636

SO Resi Monthly Payment: £341.38 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: 91

Two bedroom flat available for shared ownership. The accommodation comprises hallway, lounge with balcony access, modern fitted kitchen, first bedroom with en suite shower room, second bedroom, and family bathroom. To the outside is communal gardens and an allocated parking space.

Location

Property is situated within a residential development with excellent links M4, J11 and central reading bus service.

Description

Two bedroom flat available through Shared Ownership Scheme
Available for £140,000 for 50% share based on the marketing figure of £280,000
Monthly Rent - £319.01
Monthly Service Charge - £105.60
Total Monthly Charge - £424.61 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Hallway
Storage cupboard
airing cupboard

Lounge - 16.68m²
4.28m x 3.89m
Balcony

Kitchen - 5.62m²
1.80m x 3.02m
Modern fitted kitchen
Open plan

Bathroom - 1.0m²
1.74m x 0.57m
3 piece suite with shower over bath

Bedroom 1- 11.73m²
2.73m x 4.31m
Cupboard
En suite Shower room

Bedroom 2- 6.3m²
3.08m x 2.04m

Outside
Communal gardens
Allocated parking

 

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

Full EPC available on request

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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