2 bedroom apartment for sale
Skelton Court, , RG30 2TZ
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Monthly Cost: £1,187
Rent £411,
Service charge £104,
Mortgage £672*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Reading, Berkshire
Description
Modern, spacious two-bedroom apartment inReading. The property comprises two large bedrooms, a large open plan lounge with a balcony with a fitted kitchen, and a bathroom with a shower over a bath. Some additional benefits are communal garden areas, including Undercroft allocated parking space.
Minimum income required: £48,178
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £132,500 for 50% share based on the marketing figure of £265,000.
Monthly rent - £411.41
Monthly Service Charge - £104.17
Total Monthly Charge - £515.58 plus mortgage required for 50% share.
Ground Floor:
Communal entrance lobby with staircase and lift
Second Floor:
Private entrance hall with fitted storage cupboard.
Open plan kitchen/reception room
2.72m x 2.11m plus 4.97m x 4.47m
Bedroom one:
4.26m x 3.55m plus fitted cupboard and en-suite shower room with WC.
Bedroom two:
3.17m x 2.93m
Bathroom with WC
Note: All room dimensions of maximum widths and lengths.
Outside:
Private balcony accessed via reception area. Communal areas, including bin and bike stores. Undercroft allocated parking
space.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Communal garden areas
- Close to local amenities
- Quiet location
- Available for 50% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 50%, full price £265,000, £13,250 Min Deposit. Calculated using a representative rate of 4.64%
