Thorney House

Available

Full price: £190,000 The full value of the property

Share value: 40% - £76,000

Estimated monthly cost*: £850

Estimated Monthly Mortgage*: £381

SO Resi Monthly Payment: £372.52 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £96.60 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 87

A top floor one bedroom apartment within the popular Kennet Island development, available for sale through the Shared Ownership Scheme. The property comprises one master bedroom, open plan kitchen and living room, bathroom and hallway. Externally the property benefits from one allocated parking space and well-kept communal grounds.

- Minimum income requirement - £27,136

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Location

The property is located close to local shops and amenities. A local shop and cafe situated less than 1 min walk away on Kennet Island. Aldi and Pure Gym 0.5 miles away and Morrisons 0.7 miles away.

  • Car A33
  • Car M4

Description

Key Features

One bedroom
Third floor flat
Good condition
Double glazed
Gas heating
Resident's parking
Allocated parking space
Secure bike storage
Close to local amenities in Reading


Full Description

A one bedroom third floor apartment located in Reading available through the Shared Ownership Scheme.
Available for £76,000 for 40% share based on the marketing figure of £190,000.

SO Resi Monthly Payment - £372.52
Monthly Service Charge - £96.60
Total Monthly Charge - £469.12 PLUS MORTGAGE REQUIRED FOR 40% SHARE.

Hallway

Lounge
4.00m x 3.59m

Kitchen/Open plan living
Fitted kitchen 1.81m x 3.52m

Bathroom
3 piece suite with shower over bath

Bedroom 1
Wardrobe
2.82m x4.27m

Externally
Development grounds
One allocated parking space


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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