1 bedroom apartment for sale
Carraway Street, RG1 3FY
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Share percentage 25%, full price £300,000, £7,500 Min Deposit
Monthly Cost: £1,198
Rent £583,
Service charge £236,
Mortgage £379*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Our Winter Offer: A £1,000 Amazon voucher on completion!* Riverside location, long lease and short walk to town.
Description
SHARED OWNERSHIP
Full market value - £300,000
You pay (25%) - £75,000
Monthly rent - £606.55
Monthly service charge - £236.08
Annual ground rent - £0
Council Tax Band: C
990 year lease commenced August 2022 - 986 years remaining
EWS1 Certification Available - A1 Rating
Enter this apartment via a spacious hallway with plenty of storage. The living area opens onto a good sized private balcony and features a superb kitchen with integrated appliances. A large double bedroom gives you room to create a small office space. A contemporary bathroom completes the accommodation
Huntley Wharf celebrates the past, owing its name to the global and world renowned biscuit company Huntley & Palmers, famous for the decorative tins which depicted journeys, from hiking the Himalayas to cruising on ocean liners to India. As the UK's third largest digital technology city* with Oracle and Microsoft having offices at one of the several business parks surrounding Reading, the area continues to thrive. L&Q at Huntley Wharf will bring together even more businesses, cafes and restaurants, alongside high quality homes, to the growing riverside community. Combined with a world-class university, a buzzing town centre and fast access to capital.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £45,947. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2025.
Key Features
- Great transport links
- Long lease
- Short walk to the town centre
- Beautifully landscaped gardens
- Riverside location
Particulars
Tenure: Leasehold
Lease Length: 986 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 25%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 4.59%
