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1 bedroom apartment for sale

Available

Caribou Walk, Three Mile Cross, RG7 1WR

£118,250 · Shared Ownership Resale

Share percentage 55%, full price £215,000, £11,825 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£118,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £215,000, £11,825 Min Deposit

Monthly Cost: £928
Rent £130, Service charge £201, Mortgage £597*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You must be at least 18 years old. Your annual household income must be less than £80,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 1-bedroom apartment with allocated parking now available in Wokingham.

Description
Property reference number: 1639734
 
Situated in the sought-after community of Three Mile Cross, this well-presented 1-bedroom home at Caribou Walk offers modern living with superb transport links. Just a short drive from Reading Station, which provides fast connections to London Paddington, Oxford, and beyond, this location is ideal for commuters. With easy access to the M4 motorway and nearby Park & Ride facilities, reaching central Reading or travelling further afield is both quick and convenient.

Residents of this vibrant area enjoy a range of local amenities including shops, restaurants, and cafés, all located in Reading and within easy reach. The Three Mile Cross Post Office offers everyday essentials, while nearby green spaces and a local park provide opportunities for leisure and relaxation. Whether you're looking for community convenience or a peaceful retreat just outside the city, this property offers the best of both worlds.
 
Closest stations: Reading (3.7 miles)
Bu routes nearby: 600 Park and Ride, 111
 
Key features: 
- Allocated parking 
- Secured bike storage 
- Integrated appliances - oven, oven fan, hob, extractor fan
 
Financial information 
Tenure: Leasehold 
Remaining lease term: 88 years 
Annual ground rent amount: £150
Ground rent review period: Ground rent goes up every 25 years from the commencement of the lease.  Ground rent for years 26-50 is £300.00 per annum 
Annual service charge amount: £2,410.44
Service charge review period: Annually 
Council tax band: B

*Financial information correct as of 29/04/2025
 
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B

Property Downloads
Floor Plan Energy Certificate
Map
Mortimer (3.49 miles) Earley (3.49 miles) Reading West (3.51 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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

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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.

£118,250
Shared Ownership Resale
Estimated Monthly Cost:£928
Rent £130
Service Charge £201
Mortgage £597

Share percentage 55%, full price £215,000, £11,825 Min Deposit. Calculated using a representative rate of 4.59%

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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.