1 bedroom apartment for sale
56 Basing House, Moulsford Mews, RG30 1ES
Share percentage 40%, full price £185,000, £3,700 Min Deposit.
Share percentage 40%, full price £185,000, £3,700 Min Deposit.
Monthly Cost: £928
Rent £271,
Service charge £235,
Mortgage £422*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
You have a gross household income of no more than £80,000 per anum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.
You must be registered with the local Help to Buy Agent
Summary
Don't miss out on this modern 1 bedroom apartment located in Reading.
Description
Inside you will find an entrance hallway with two spacious storage cupboards with room for shoes and coat storage. Next up is the open plan living room and kitchen, which offers lots of natural light which makes the space welcoming and airy, giving a comfortable lounging space. The kitchen is of a modern design and comes with an integrated oven, hob, and extractor fan. Moving on, you will find the generously sized double bedroom, which gives you plenty of space for your bedroom furniture and a work from home space if needed! Finally, you have the modern bathroom with has a shower over the bath.
Basing House is ideally located right next to a large supermarket as well as a wealth of other shops and restaurants. You also have excellent transport links, with Reading Station under 30 minutes walk which gets you to Paddington in under 30 minutes and has access to the Elizabeth Line.
This property is ideal for working individuals or couples due to it's good size for a 1 bedroom apartment and excellent transport links!
Key Financial Information:
Full Market Value:£185,000
Share:40%, £74,000
Rent:£271.32
Service Charges:£235.05
Lease Length:114 Years
Key Features
- Long Lease of 114 Years
- Allocated Parking Space
- Excellent Transport Links
- Lots to do nearby
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £185,000, £3,700 Min Deposit. Calculated using a representative rate of 5.26%
