2 bedroom apartment for sale
Off the A4, Padworth, RG7 5FR
Share percentage 75%, full price £250,000, £18,750 Min Deposit.
Share percentage 75%, full price £250,000, £18,750 Min Deposit.
Monthly Cost: £894
Mortgage £894*
Calculated using a representative rate of 4.04%
Calculate estimated monthly costs
Summary
**NO STAMP DUTY TO PAY** Apt 2 - A two bedroom, two bath, ground floor apartment available on a shared equity basis. Situated in in a newly built block of 9 apartments with an excellent specification.
Description
Conveniently located just off the A4 Bath Road in Padworth, Reading forming part of the Coudray Mews development by Gable Homes.
Available to purchase with the Merlion Shared Equity scheme at a 75% share, the scheme is designed to help you get on the property ladder. You will own 100% of the property and there is NO rent or interest to pay on the remainder.
Local Area
Located just north of the River Kennet and surrounded by open fields and countryside, Padworth in West Berkshire boasts an enviable spot. Conveniently situated between Reading and Newbury, residents here will be able to enjoy picturesque walks and access to country pubs, while benefiting from excellent transport connections by both road and rail.
Aldermaston Station is less than a mile away from the development, with direct trains into London Paddington in just 49 minutes*. The A4 and the M4 are easily accessible, and buses also run to Reading, Thatcham and Newbury.
Neighbouring Aldermaston is a historic village renowned for its quaint countryside charm and views of the surrounding hills, while its centre offers access to a host of local amenities, including general stores, hairdressers and various antique shops.
*Council tax: new build - to be determined
Key Features
Kitchen
- Howdens Clerkenwell range fitted kitchen in grey with marble effect laminate worktop
- 1.5 sink in stainless steel with polished chrome mixer tap
- Integrated single oven with hob and extractor over
- Integrated microwave
- Integrated dishwasher
- Integrated fridge/freezer
- Integrated washer/dryer
Bathroom and en suite
- Roca sanitaryware with chrome fittings, stainless steel heated towel rail and vanity unit to bathroom and en suite
- Wall mounted thermostatic shower & Raindance head over bath with full height tiling and glass shower screen to main bathroom
- Full height tiling around shower with Mira tray to the en suite
Heating, Electrical and Lighting
- Electric heating and hot water
- Underfloor heating throughout
- Pre-wired for Fibre broadband
- Media point in lounge
Finishes & Features
- Wood effect laminate flooring to hallway and kitchen/living area
- Carpet to bedrooms
- Ceramic tiled flooring to bathroom and en suite
- Store cupboard in hallway
- Allocated parking per home
- Communal electric vehicle charging points
- Access to communal garden
Estate charge £153.15 and estimated service charge £808.44 per annum
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan BrochureMap
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 75%, full price £250,000, £18,750 Min Deposit. Calculated using a representative rate of 4.04%
Stubbings Property Marketing
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