1 bedroom apartment for sale

Available

L&Q at Huntley Wharf - 113, RG1 3DH

£71,875 · Shared Ownership New Build

Share percentage 25%, full price £287,500, £7,188 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£71,875 Shared Ownership New Build

Share percentage 25%, full price £287,500, £7,188 Min Deposit.

Monthly Cost: £868
Rent £324, Service charge £173, Mortgage £371*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

Fully furnished apartments with light fittings at no additional cost.* Register your interest to find out more! Plot 113, Full market value £287,500. £71,875 for a 25% share.

Description

Fully furnished apartments with light fittings at no additional cost.*1 Register your interest to find out more!

Ready to move into now - Plot 113, a 1 bedroom fifth floor apartment, ideally placed within a buzzing new community just a short stroll from Reading town centre.

Full market value £287,500. £71,875 for a 25% share.

Plot 113

Plot 113 is a contemporary one bedroom apartment situated on the fifth floor. There is plenty of storage space throughout making this home a stylish yet practical choice. The open-plan kitchen/dining/living is perfect for hosting. The contemporary style kitchen hosts integrated appliances which are included as standard, meaning you have everything you need to move straight in. The large bedroom easily accommodates space for a desk if working from home. Please note this apartment has no parking.

Your new energy efficient home
Benefitting from low maintenance requirements and a NHBC Guarantee, buyers can save a significant amount on their energy bills through the insulation, build quality, heating systems, and appliances.

Full market value £287,500. £71,875 for a 25% share.

* Full purchase price from: £287,500
* Minimum 25% share value from: £71,875
* Minimum deposit from: £7,188
* Rent pcm* from: £324

About the development

L&Q at Huntley Wharf is a collection of riverside 1 and 2-bedroom Shared Ownership apartments and duplex apartments in the prospering town of Reading which are available now. The development complements the transformation of Reading as an urban hub, providing contemporary riverside apartments to this evolving town.

Huntley Wharf provides a new destination for central Reading featuring a central riverside square with proposed local amenities such as a café, restaurant, a local store, gym, nursery and landscaped open spaces along the river. The landscaping has been planned to provide green spaces and floral walkways for residents to enjoy.

All apartments provide a desirable specification which includes contemporary Symphony kitchens with built-in energy efficient appliances as well as Karndean flooring and neutral carpets throughout. The apartments are finished with neutral décor giving any new homeowner a blank canvas to make their mark.

L&Q at Huntley Wharf is located close to Reading city centre providing easy access to numerous shops, restaurants, cafes and bars.

A fully-inclusive specification at no additional cost

- Karndean flooring to open-plan living/kitchen/dining areas, hallways and kitchens
- Neutral fitted carpets to bedrooms
- Tiles to bathroom, cloakroom and en-suite floor
- Washer/Dryer positioned in utility cupboard
- Integrated sprinkler system
- Mains operated ceiling mounted smoke detector
- Communal heating system with radiators
- Video door entry system
- Contemporary Symphony kitchen with soft-close doors and drawers
- Fully integrated energy efficient appliances including oven, induction hob, extractor hood, fridge/freezer and dishwasher

Unfamiliar with Shared Ownership?

Under the Shared Ownership scheme, you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidized rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.

Register your interest

Register your interest to be kept up to date with the latest information on floorplans, pricing and our launch event.

Please note all applicants are required to register with L&Q for Shared Ownership.

*Photography is of a unit at L&Q at Huntley Wharf. Individual features such as windows, brick, other materials, heating and electrical layouts and internal positioning may vary. Furniture is not included within any units. For further clarification, please speak with a Sales Associate.

*Available on selected plots only, subject to availability. Furniture package up to the value of £6,000 available on selected 1 bedroom apartments. The total value of the incentive is capped as a one-off sum which will be made as a direct payment to the chosen interior design company if a furniture pack is selected. No cash payments will be made to purchasers For full terms and conditions go to lqhomes.com/terms-and-conditions. March 2024

Key Features
  • Fully-furnished apartment, with light fittings at no additional cost!*
  • Full market value £287,500. £71,875 for a 25% share. Register your interest now to learn more!
  • Over 80% of homes now sold!
  • Minimum deposits from £7,188
  • Rent pcm from £324
  • Planned on-site amenities at Riverside Square including a café, restaurant, a local store and gym
  • Integrated energy efficient appliances included as standard
  • Only a 10 minute walk to Reading Station
  • On site car-sharing services available
  • Secure cycle storage for each apartment
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Virtual Tour
Map
Reading Station (0.47 miles) Reading West (1.22 miles) Earley (2.17 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£71,875
Shared Ownership New Build
Estimated Monthly Cost:£868
Rent £324
Service Charge £173
Mortgage £371

Share percentage 25%, full price £287,500, £7,188 Min Deposit. Calculated using a representative rate of 4.80%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.