1 bedroom apartment for sale

Available

L&Q at Bankside Gardens - Plot 1003, Flagstaff Road, RG2 6AB

£76,250 · Shared Ownership New Build

Share percentage 25%, full price £305,000, £3,813 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Reserve in May and receive a £1,500 Tesco e-voucher!* 31st May
Floor plan
floor-plan
Floor plan
floor-plan
£76,250 Shared Ownership New Build

Share percentage 25%, full price £305,000, £3,813 Min Deposit.

Monthly Cost: £1,130
Rent £524, Service charge £171, Mortgage £435*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

Reserve in May and we'll pay your groceries for 3 months, worth up to £1,500 from Tesco Express.* Homes feature a fully-inclusive specification, balcony, parking.

Description

Reserve a 1 or 2 bedroom apartment in May at L&Q at Bankside Gardens and we'll pay your groceries for 3 months, worth up to £1,500, at the on-site Tesco Express.* Register your interest to learn more!

Prices start from £76,250 for a 25% share. Full market value £305,000.

Don't miss out - last remaining 1 bedroom apartment in our current release

A contemporary one bedroom apartment on the lakeside development of L&Q at Bankside Gardens. There is plenty of storage space throughout making this home a stylish yet practical choice. The open-plan kitchen/dining/living leads to the balcony which provides invaluable extra space, perfect for enjoying the evening. 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.

Prices start from £76,250 for a 25% share. Full market value £305,000. Available to reserve today - book your appointment today!

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.

About the Development

L&Q at Bankside Gardens presents a contemporary collection of Shared Ownership apartments in the leafy Reading suburbs.

This exciting collection of 1, 2 and 3 bedroom apartments are perfect for those looking to escape city life and embrace peaceful waterside living.

Tucked away amongst the cluster of lakes weaving through the town, L&Q at Bankside Gardens offers the perfect work and play balance. With the brand new Reading Green Park station only a 3 minute* walk, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour** Reading town centre is also just a 7 minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy.

Each home at this incredibly desirable lakeside location will benefit from an all-inclusive specification, including a fully fitted kitchen, bathroom and flooring throughout. With a local convenience store, planned coffee shop and access onto the A33 just a stone's throw away from your doorstep, these charming waterside apartments are the perfect place to call home.

A fully inclusive specification at no additional cost

* Flooring to living/kitchen areas, hallway and storage / utility cupboard
* Carpet to all bedrooms throughout
* Communal heating system included
* Paint to all walls and ceilings
* Large aspect composite windows and doors
* Washer dryer positioned in storage / utility cupboard
* Double wardrobe to master bedroom with mirrored sliding doors
* Contemporary tiled bathroom
* Contemporary kitchen with soft close doors and drawers and matching upstand
* Stainless steel splash back
* LED pelmet lighting to wall units
* Integrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor

Unfamiliar with Shared Ownership?

Under the Shared Ownership scheme, you part-buy and 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.

*Incentive terms and conditions apply. Available on selected plots and subject to availability. The total value of the incentive is capped as a one-off sum which will be made available by way of specified voucher or code, no cash payment will be made by L&Q to a purchaser. For full terms & conditions go to lqhomes.com/terms-and-conditions/. May 2024

*On-site amenities form part of the monthly service charge and is only available to Shared Ownership customers. **subject to approval

Key Features
  • Reserve a 1 or 2 bedroom apartment in May at L&Q at Bankside Gardens and we'll pay your groceries for 3 months, worth up to £1,500, at the on-site Tesco Express.*
  • Don't miss out - last remaining 1 bedroom apartment in our current release
  • Prices start from £76,250 for a 25% share. Full market value £305,000
  • Access to the Resident's Club 51 featuring an on-site resident's gym, cinema and co-working space
  • Double wardrobe to master bedroom with mirrored sliding doors
  • Fully inclusive specification at no additional cost
  • Integrated energy efficient appliances included as standard
  • 6 minute commute to Reading station
  • Pet friendly environment**
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Reading West (1.99 miles) Reading Station (2.41 miles) Earley (3.40 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.

£76,250
Shared Ownership New Build
Estimated Monthly Cost:£1,130
Rent £524
Service Charge £171
Mortgage £435

Share percentage 25%, full price £305,000, £3,813 Min Deposit. Calculated using a representative rate of 5.26%


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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.