1 bed Flat For Sale £47,500
The property:
One bedroom flat in Reading is available now on a part-buy/part-rent scheme. Approx. 87 years remaining on the lease.
Gia: 57m2
Bedroom 1 approx. ( 3.7m X 3.2m)
Double room, carpeted floor & radiator.
Bathroom/WC approx. ( 2.4m x 1.8m)
White suite comprising of a bath with mixer tap and shower over, low level W.C & housing basin.
Kitchen approx. (3.2m x 2.2m)
Fitted with a range of fitted tops & base with surfaces, single drainer sink unit with one & half bowl & plumbing for washing machine & dishwasher.
Lounge approx. ( 4.3m x 4.3m)
Large room, carpeted floor & radiator.
Outside
Communal gardens.
Parking Available
Energy Efficiency Rating E
Environmental Rating F
Ad hoc viewings
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Sales Team at:
Eligibility:
To be eligible for this property you must be earning a household income of at least £32,840 with a deposit of £4,750 and live or work in the Wokingham authority area.
Location:
The property is located in Fuchsia Grove in the Borough of Reading. The property is situated within an established residential commuter village of varying type properties, reasonably convenient for usual local amenities/ being approximately 3 miles distant from Reading Town Centre. This property has great transport links being within a few minute drive of J11 of the M4. It has bus stops within walking distance, giving easy access to Reading, Wokingham and Bracknell. Asda & Chalfont Shopping Complex and Loddon Valley Leisure Centre are both within two miles, with The Oracle Shopping Centre a short drive away.
Shared ownership:
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.
Sale Price and Equity
Full market value: £190,000 Monthly net rent: £576.05
Share available: 25% Monthly service charge: £107.34
Share price: £47,500
The rent review is every April. Quoted rental figures are based on the 2019/20 financial year
One bedroom flat in Reading is available now on a part-buy/part-rent scheme. Approx. 87 years remaining on the lease.
Gia: 57m2
Bedroom 1 approx. ( 3.7m X 3.2m)
Double room, carpeted floor & radiator.
Bathroom/WC approx. ( 2.4m x 1.8m)
White suite comprising of a bath with mixer tap and shower over, low level W.C & housing basin.
Kitchen approx. (3.2m x 2.2m)
Fitted with a range of fitted tops & base with surfaces, single drainer sink unit with one & half bowl & plumbing for washing machine & dishwasher.
Lounge approx. ( 4.3m x 4.3m)
Large room, carpeted floor & radiator.
Outside
Communal gardens.
Parking Available
Energy Efficiency Rating E
Environmental Rating F
Ad hoc viewings
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Sales Team at:
Eligibility:
To be eligible for this property you must be earning a household income of at least £32,840 with a deposit of £4,750 and live or work in the Wokingham authority area.
Location:
The property is located in Fuchsia Grove in the Borough of Reading. The property is situated within an established residential commuter village of varying type properties, reasonably convenient for usual local amenities/ being approximately 3 miles distant from Reading Town Centre. This property has great transport links being within a few minute drive of J11 of the M4. It has bus stops within walking distance, giving easy access to Reading, Wokingham and Bracknell. Asda & Chalfont Shopping Complex and Loddon Valley Leisure Centre are both within two miles, with The Oracle Shopping Centre a short drive away.
Shared ownership:
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.
Sale Price and Equity
Full market value: £190,000 Monthly net rent: £576.05
Share available: 25% Monthly service charge: £107.34
Share price: £47,500
The rent review is every April. Quoted rental figures are based on the 2019/20 financial year
