A new pathway home with Share to Buy
|

1 bedroom apartment for sale

Available

Mayer House, Chatham Place, RG1 7AN

£64,500 · Shared Ownership Resale

Share percentage 30%, full price £215,000, £6,450 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£64,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £215,000, £6,450 Min Deposit

Monthly Cost: £1,102
Rent £545, Service charge £237, Mortgage £320*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility
You may be eligible for this property if: 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 a private balcony now available in Reading.

Description

Property reference number: 1639810

 

Located just a short walk from Reading Station, Mayer House offers exceptional connectivity. Reading Station is a major transport hub, providing high-speed services to London Paddington in under 25 minutes, as well as direct connections to key destinations including Oxford, Bristol, Birmingham, and even Heathrow Airport via the Elizabeth Line.

 

Step outside and you're moments from some of Reading's finest amenities. The Oracle shopping centre, with its wide range of retail stores and dining options, is just around the corner. Enjoy riverside restaurants and bars perfect for relaxing evenings or weekend brunches. Forbury Gardens, a beautifully maintained Victorian park, offers a peaceful retreat just minutes away. And Broad Street Mall adds even more shopping and convenience right at your doorstep. 

 

Closest stations: Reading (0.6 miles)

 

Key features: 

- Communal terrace 

- Private balcony 

- Secured bike storage

- Floor-to-ceiling windows 

- Fitted wardrobe 

- Integrated appliances including a gas hob and electric oven 

 

Financial information 
Tenure: Leasehold 
Remaining lease term: 82 years 
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £2,846.40
Service charge review period: Annually 
Council tax band:  C

*Financial information correct as of 04/05/2025
Particulars

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

Property Downloads
Floor Plan Energy Certificate
Map
Reading Station (0.40 miles) Reading West (0.44 miles) Tilehurst (2.40 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

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.

Read More Read Less
  • 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.

£64,500
Shared Ownership Resale
Estimated Monthly Cost:£1,102
Rent £545
Service Charge £237
Mortgage £320

Share percentage 30%, full price £215,000, £6,450 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.