1 bed Flat For Sale £68,250
***Please quote JEF317 when enquiring. ***
- Full description -
Tired of renting with nothing to show for it? This one-bedroom, third floor apartment is the perfect
answer to step on the property ladder. With Reading town just a stone's throw away and close
proximity to park lands, you'll have an abundance of convenience right on your doorstep. Can you afford to miss out?
Benefitting from excellent access to public transport and with an array of local amenities close by
could this be the perfect apartment for you?
Shared ownership is a government backed scheme that can be a stepping stone to completely
owning your own home. If you're finding it difficult to save for a deposit this is a great option as the amount you'll need is based on the share you're buying. At this property a 5% deposit is within reach -just £3413 for a 35% share!
- The apartment block benefits from the use of a lift to all floors and a telephone entrance system.
- Open plan kitchen/ living room neutrally decorated with carpeted floor and window.
- Kitchen with fitted cupboards, partially tiled walls, electric oven and gas hob and extractor fan.
- Bedroom with built in wardrobe for storage and window overlooking the residential area.
- Bathroom with partial tiled walls, three piece suite, toilet and hand basin.
- The apartment is fitted with carpet throughout the living areas and vinyl to the bathroom and kitchen.
- The property has gas central heating.
- Well kept communal gardens with gated entrance. Bicycle storage available.
- Disabled parking is available on-site.
- Costs -
Price - ££68,250*
Rent - £326.75pm
Service charge - 120.38**
*This represents a 35% share of the full open market value of £195000
**This includes: Management charge, service charge, building insurance and sinking fund. Rent and
service charges are reviewed annually.
- General Information -
Tenure: Leasehold
Lease: 99 years from 1st January 2007
Years remaining on lease: 85 approx.
Approximate internal area: 42 sq. M.
Local authority: Reading Borough Council
Council tax band: B
EPC rating: C (80)
Ground rent: £75.00
- Terms, conditions and requirements -
Minimum household income requirement: 23,444^
Deposit: If you will be obtaining a mortgage you will need at least £3,413 in savings (i.e. A 5%
deposit).
^
If your deposit is more than 5%, the minimum income requirements may be less. Please contact us for further details.
Application process: A financial assessment must be completed before any physical viewing can
take place. This forms part of Home Group's buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written
consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy South
You will need to provide your htb reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Pets: Pets are not permitted in buildings with communal areas.
Priority: Priority is given to those nominated by Reading Borough Council.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can
take place. Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.
- Full description -
Tired of renting with nothing to show for it? This one-bedroom, third floor apartment is the perfect
answer to step on the property ladder. With Reading town just a stone's throw away and close
proximity to park lands, you'll have an abundance of convenience right on your doorstep. Can you afford to miss out?
Benefitting from excellent access to public transport and with an array of local amenities close by
could this be the perfect apartment for you?
Shared ownership is a government backed scheme that can be a stepping stone to completely
owning your own home. If you're finding it difficult to save for a deposit this is a great option as the amount you'll need is based on the share you're buying. At this property a 5% deposit is within reach -just £3413 for a 35% share!
- The apartment block benefits from the use of a lift to all floors and a telephone entrance system.
- Open plan kitchen/ living room neutrally decorated with carpeted floor and window.
- Kitchen with fitted cupboards, partially tiled walls, electric oven and gas hob and extractor fan.
- Bedroom with built in wardrobe for storage and window overlooking the residential area.
- Bathroom with partial tiled walls, three piece suite, toilet and hand basin.
- The apartment is fitted with carpet throughout the living areas and vinyl to the bathroom and kitchen.
- The property has gas central heating.
- Well kept communal gardens with gated entrance. Bicycle storage available.
- Disabled parking is available on-site.
- Costs -
Price - ££68,250*
Rent - £326.75pm
Service charge - 120.38**
*This represents a 35% share of the full open market value of £195000
**This includes: Management charge, service charge, building insurance and sinking fund. Rent and
service charges are reviewed annually.
- General Information -
Tenure: Leasehold
Lease: 99 years from 1st January 2007
Years remaining on lease: 85 approx.
Approximate internal area: 42 sq. M.
Local authority: Reading Borough Council
Council tax band: B
EPC rating: C (80)
Ground rent: £75.00
- Terms, conditions and requirements -
Minimum household income requirement: 23,444^
Deposit: If you will be obtaining a mortgage you will need at least £3,413 in savings (i.e. A 5%
deposit).
^
If your deposit is more than 5%, the minimum income requirements may be less. Please contact us for further details.
Application process: A financial assessment must be completed before any physical viewing can
take place. This forms part of Home Group's buyer approval process. These assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written
consent.
Help to Buy Agent: In order to apply you must be registered with Help to Buy South
You will need to provide your htb reference when completing the application process.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Pets: Pets are not permitted in buildings with communal areas.
Priority: Priority is given to those nominated by Reading Borough Council.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can
take place. Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply please register your interest with the Resales Team.
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