Residential one-bedroom apartment in Reading is now available through Shared Onwership.
Situated on the top floor of the building, the flat comprises of a large living room and open-plan kitchen, as well as a communal garden and an off-street allocated parking spot. This could be ideal for a small family, couple or single person.
Minimum income required: £28,799
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £70,000 for 40% share based on the marketing figure of £175,000.
Monthly rent - £435.80
Monthly Service Charge - £115.48
Total Monthly Charge - £551.28 plus mortgage required for 40% share.
An annual rent increase takes place every April
Layout and dimensions
Gross internal floor area 48m2
Living room 5.28 x 3.45 m
Kitchen 3.15 x 1.88 m
Bedroom 3.86 x 2.97 m
EPC rating
Energy rating band - C
Environmental impact band - C
Other 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.