Share Price £157,500 (from 50% Min. Share)

Full Value £315,000 | £7,875 Min. Deposit

Scheme: Shared Ownership Resales

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3 bedroom house in Berkshire

place Deardon Way, Shinfield, RG2 9HF

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A 3 bedroom house available through our Shared Ownership Scheme in Shinfield


Description

Full Description

A three bedroom house available through our Shared Ownership Scheme.
Available for £126,000 for 40% share based on a market value of £315,000

So Resi Monthly Payment- £699.12
Monthly Service Charge- £30.22
Total Monthly Charge- £729.34 PLUS MORTGAGE REQUIRED FOR 40% SHARE

So Resi is offering an end terrace house for shared ownership sale in Reading. At ground floor level the accommodation comprises ofentrance lobby, living room, dining kitchen, rear lobby and cloakroom. At first floor level there are threebedrooms and a bathroom. The property has an enclosed rear garden. Allocated parking space. Additional visitor
parking.

Property Details

Ground floor:

Entrance hall

Living room:
4.66 x 3.75m

Kitchen / Dining room:
4.11 x 3.25m
Good range of base and wall units
Space for washing machine and fridge freezer

Includes the following appliances:

  • Electric hob
  • Cooker

Useful under stair cupboard

Rear lobby
Cloakroom with WC
Access to rear garden

First floor:
Landing with airing cupboard

Bathroom with WC
White suite
Shower over bath

Bedroom 1:
2.56 x 4.30m

Bedroom 2:
4.54 x 2.55m
Fitted wardrobe

Bedroom 3:
2.12 x 3.34

Outside:
Enclose rear garden
Allocated parking
Additional visitor parking

EPC Rating

Energy Rating Band- C
Environmental Impact Band- C

All room dimensions approximate.

Please note figures given for So resi monthly payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.


Key Features

  • End terrace house
  • Three bedrooms
  • Allocated parking and additional visitor parking
  • Gas central heating and double glazing
  • Close to local facilities at Shinfield
  • Available on 40% share

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Calculate Monthly Cost

Share price
£ 157,500
Min. £157,500
Share percentage
Min. 50%
Your deposit
Min. £7,875
Monthly cost*
£1,514
Cost breakdown
£699
Rent
£30
Service charge
£785
Mortgage*
Calculated using a representative rate of 3.94%
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.