Thorney House, Reading, Berkshire - 50% share (£120,000)

Full price: £240,000 The full value of the property

Share value: 50% - £120,000

Estimated monthly cost*: £1,095

Estimated Monthly Mortgage*: £601

SO Resi Monthly Payment: £378.30 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £116.46 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

Eligibility: Live or Work in Local Authority

A two bedroom first floor flat in Reading area.The accommodation comprises of private entrance hall, bathroom with wc, kitchen, reception room and two bedrooms, one with en-suite shower room and located close to centre facilities and transport links.

Location

The property is located close to mainline railway station, M4 motorway and facilities available nearby at Reading.

Description

Key Features

  • First Floor flat
  • Two bedrooms
  • Good condition
  • Secure entry phone system
  • Allocated parking space
  • Double glazing and gas fired central heating
  • Sought after Kennet Island location
  • Available on 50% Shared Ownership basis

Full Description

A two bedroom first floor flat available through our Shared Ownership Scheme

Available for £122,500 for 50% share based on a market value of £245,000
SO Resi Montly Rent- £364.45
Monthly Service Charge - £105.38
Total Monthly Charge - £469.83 PLUS MORTGAGE REQUIRED FOR 50% SHARE

A well presented two bedroom first floor flat in good condition. The accommodation comprises of private entrance hall, bathroom with wc, kitchen, reception room and two bedrooms, one with en-suite shower room. Outside there is a private balcony accessed via the reception room and further well-kept communal grounds andareas, 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.

Entrance Hall
Fitted storage and airing cupboards.

Bathroom with WC
Three piece white suite. Shower over bath.

Kitchen
3.02 x 1.87
Good range of modern units. Gas hob. Cooker. Space for fridge/freezer, washer/dryer and dishwasher.

Reception room
3.82 x 4.15

Bedroom one
2.05 x 3.10

Bedroom two
2.70 x 4.98
Fitted cupboard
En-suite shower room with wc
Three piece white suite, including shower cubicle.

Outside

Private balcony accessed via reception room. Well-kept communal grounds and areas, including bin and bikestores. Allocated parking space. Additional Visitor parking spaces.

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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