Fender House, Princess Marina Drive, RG2 9QU

This bright, modern one-bedroom apartment is now available in Reading through Shared Ownership.

The property on the ground floor comprises an entrance hall with fitted storage and a utility cupboard, a spacious living room with a modern open-plan kitchen, one large bedroom, and a bathroom.

Outside, a private patio is accessible via the living room, allocated parking, communal grounds and areas, including bike storage. Perfect for couples and singles.

Available for £65,000 for 25% share based on the marketing figure of £260,000.

Monthly rent - £518.85
Monthly Service Charge - £91.92
Total Monthly Charge - £610.77 plus mortgage required for 25% share.

An annual rent increase takes place every April

Living in Reading is a pleasant experience. This area is an excellent place for families and individuals. There are various green spaces, such as Bearwood Lakes, where you can enjoy a walk or have a picnic with friends.

The local shops and supermarkets make it easy to get everyday items. Public transport is convenient, making travelling to other parts of Reading and nearby towns convenient. There are also good schools for children, which is vital for families with young children.

Additionally, you can find a variety of restaurants and cafes serving different types of food. Overall, living in Reading offers a mix of convenience, community, and a comfortable lifestyle that many enjoy.

Years remaining on lease: 987

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.

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.