Spacious ground floor flat in Reading available for sale through the Shared Ownership Scheme. The property comprises one double bedroom, a bright and airy living area, a separate fitted kitchen, a bathroom with WC, and a hallway. Externally the property offers allocated parking space and a private garden.
Minimum income required: £37,505
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £107,250 for 55% share based on the marketing figure of £195,000.
Monthly rent - £187.57
Monthly Service Charge - £105.45
Total Monthly Charge - £293.02 plus mortgage required for 55% share.
An annual rent increase takes place every April
Layout and dimensions
Ground Floor:
Communal entrance lobby
Private entrance hall with fitted airing cupboard
Kitchen:
1.83 x 3.01
Bedroom
fitted cupboard
2.91 x 3.94
Bathroom with WC
Reception room:
3.65 x 3.94
Outside:
Private garden accessed via the kitchen. Communal bin store. Allocated parking space
EPC rating
Energy Rating Band - D
Environmental Impact Band - D
Other information
All room dimensions are approximate.
Please note figures given for the rent and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.