Thorney House, Reading, Berkshire - 40% share (£94,000)

Full price: £235,000 The full value of the property

Share value: 40% - £94,000

Estimated monthly cost*: £1,014

Estimated Monthly Mortgage*: £471

SO Resi Monthly Payment: £425.24 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £118.28 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.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.


Years on lease: 88

This spacious second floor flat in Berkshire comprises entrance hall, spacious master bedroom en suite, bathroom, second bedroom, open plan reception room/kitchen. The residents can also benefit not only from the allocated parking space that the property offers but also from the public parking spaces opposite the building.

Location

The property is located on the Kennet Island development which has a usage mix of residential and commercial properties. The M4 motorway is easily accessed with junction 11 being only 1.5 miles away. Reading Station is also easily reached being approximately 3 miles distant with regular services into London Paddington and to the West. It is generally considered that Crossrail, when it opens, will bring benefits to the town of Reading, including easier and quicker services into Central London and the City.

Description

Key Features

  • Two bedroom second floor flat
  • Good condition
  • Gas central heating system
  • Contemporary design
  • One allocated parking space
  • Public parking space opposite the flat
  • Close to local amenities in Reading

Full Description

A two bedroom second floor flat located in Reading available through Shared Ownership Scheme.
Available for £94,000 for 40% share based on the marketing figure of £235,000.

SO Resi Monthly Payment - £425.24
Monthly Service Charge - £118.28
Total Monthly Charge - £543.52 PLUS MORTGAGE REQUIRED FOR 40% SHARE

The property comprises entrance hall, spacious master bedroom en suite, bathroom, second bedroom, open plan reception room / kitchen.

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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