2 bedroom apartment for sale
Teal Court, Shelduck Drive, RG2 9WS
Share percentage 60%, full price £300,000, £9,000 Min Deposit.
Share percentage 60%, full price £300,000, £9,000 Min Deposit
Monthly Cost: £1,330
Rent £177,
Service charge £175,
Mortgage £978*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Reading, Berkshire
Description
This bright, modern two-bedroom apartment is now available in Reading through Shared Ownership.
The property on the first floor comprises an entrance hall with storage, a spacious living room with a modern kitchen and dining area, two good-sized bedrooms and a bathroom.
Outside, there is a private balcony accessible from the living room, a shared garden area, and allocated off-street parking. Perfect for couples and small families.
Available for £180,000 for 60% share based on the marketing figure of £300,000.
Monthly rent - £176.50
Monthly Service Charge - £174.70
Total Monthly Charge - £351.20 plus mortgage required for 60% share.
An annual rent increase takes place every April
LocationLiving in Reading is a pleasant experience. The area is quiet and friendly, perfect for families and individuals alike. Lovely parks are nearby, where you can enjoy a walk or a picnic.
The local shops provide everything you need, from groceries to everyday items. Public transport is easily accessible, making travelling around the city or nearby places simple.
The neighbourhood is safe, with friendly neighbours who often greet each other. Many schools are close by, which is excellent for families with children. You can see beautiful trees and flowers every season, adding to the area's charm.
Living in Teal Court offers comfort and convenience, making it a great place to call home. Whether you like to relax at home or explore the local area, there is always something enjoyable to do here.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
Years remaining on lease: 119
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.
Key Features
- Two bed apartment
- Modern kitchen
- Private balcony
- Allocated off-street parking
- Available for 60% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
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
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 60%, full price £300,000, £9,000 Min Deposit. Calculated using a representative rate of 4.78%
