£74,000

Bright & cosy one-bedroom apartment now available in Reading through Shared Ownership.

The property comprises a living room with a Juliette balcony, a separate kitchen, and a large bedroom. This could be ideal for a couple or a single person.

The flat is on the second floor, and it has allocated parking space, as well as communal areas and bike stores.

Available for £74,000 for 40% share based on the marketing figure of £185,000.

Monthly rent - £436.98
Monthly Service Charge - £142.16
Total Monthly Charge - £579.14 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property sits in a tranquil residential area and is close to Reading's town centre, less than 10 minutes away by car.

Several amenities are nearby, thanks to a retail centre next to a stadium and supermarkets just a few minutes drive away.

There are also bus stations nearby, which allow to move around by public transport.

Road travel is quite convenient, thanks to the M4 being less than 10 minutes away.

There are also several natural and green areas nearby, thanks also to the close proximity of River Kennet.

Energy rating band - C
Environmental impact band - B

Years remaining on lease: 83

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.