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1 bedroom apartment for sale

Available

Carraway Street, RG1 3FY

£154,000 · Shared Ownership Resale

Share percentage 55%, full price £280,000, £15,400 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£154,000 Shared Ownership Resale

Share percentage 55%, full price £280,000, £15,400 Min Deposit

Monthly Cost: £1,343
Rent £343, Service charge £236, Mortgage £764*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

Long lease, good EPC rating, private balcony, communal gardens. Make this home your own, enjoy a £500 B&Q Voucher on completion*.

Description

If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing.

Shared Ownership

Full Market Value: £280,000

Share Value (55%): £154,000

Monthly Rent: £342.91

Service Charge: £236.08

Council Tax Band: C

990 year lease commenced January 2021 - 985 years remaining

EWS1 Certification is available for this property - (A1)

L&Q welcomes you to view this one bedroom, 7th floor apartment.

Welcome to this modern bright well presented apartment. The living area is open plan and spacious which leads onto a lovely private balcony which is good for entertaining anf relaxing. The kitchen is modern with grey kitchen units and contemporay worktops. There is also the benefit of integrated appliances. The bedroom is of good size good with a floor to ceiling window letting in lots of natural light. The family bathroom consists of a white three piece suite with shower over bath and modern tiling. The block is surrounded by well kept communal gardens.

With a café, restaurant, local store, and gym, as well as beautifully landscaped gardens to complement the riverside setting, Huntley Wharf will become an extension of the town centre. Follow the River Kennet to the town centre to find a host of shops, restaurants, bars and nightlife, all less than a mile away.

Reading's location in the Thames Valley, with its proximity to London, means the town plays a key role in the UK's transport system and attracts many commuters. Benefit from National Rail services into London Paddington in 25 minutes* and local services on the Elizabeth Line from Reading Central train station, and to other UK cities such as Bristol, Cardiff, Exeter, Birmingham and Southampton Central. The M4 connects Reading to Heathrow Airport and the rest of London, whilst other nearby towns and cities such as Oxford, Slough, Newbury and Guildford are easily accessible by road or rail.

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 £51,173. If you are offered the home, 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 www.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 June 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

Key Features
  • Great location with amenities and transport close by
  • Modern development
  • Integrated sprinkler system
  • Neutral decor and carpets
  • Karndean flooring to open plan living areas and hallway
Particulars

Tenure: Leasehold
Lease Length: 986 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan
Virtual Tour
Map
Reading Station (0.54 miles) Reading West (1.30 miles) Earley (2.12 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - 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

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.

£154,000
Shared Ownership Resale
Estimated Monthly Cost:£1,343
Rent £343
Service Charge £236
Mortgage £764

Share percentage 55%, full price £280,000, £15,400 Min Deposit. Calculated using a representative rate of 4.42%


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.