2 bedroom house for sale
Palmer Street, Huntley Wharf, Huntley Wharf, RG1 3GX
Share percentage 30%, full price £430,000, £12,900 Min Deposit.
Share percentage 30%, full price £430,000, £12,900 Min Deposit
Monthly Cost: £1,468
Rent £504,
Service charge £324,
Mortgage £640*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
2 bedroom, two bathroom duplex apartment on popular Huntley WharfMake this home your own, enjoy a £500 B&Q Voucher on completion*
Description
SHARED OWNERSHIP
Full Market Value: £430,000
Share Value (30%): £129,000
Monthly Rent: £503.72
Service Charge: £335.69
Council Tax Band: D
990 year lease commenced in January 2021 - 986 years remaining
Make this home your own, enjoy a £500 B&Q Voucher on completion*
The property, with its own front door leading from a full width south west facing private patio area, boasts a high specification open plan living area on the ground floor, featuring a Symphony kitchen with integrated appliances including fridge freezer and dishwasher. A washer dryer is housed in a separate utility cupboard/cloakroom. On the first floor there are two double bedrooms and two luxury bathrooms, one en suite and which also opens onto a juliette balcony. The property benefits from an allocated parking space.
With a café, restaurant, local store, gym and 'Monkeymoos' nursery, 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 £55,897. 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 July 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
- Communal heating
- Integrated sprinkler system
- Neutral decor and carpets
- Concierge service
- On-site nursery for families
Particulars
Tenure: Leasehold
Lease Length: 986 years
Council Tax Band: D
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: Yes - Garage
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
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 30%, full price £430,000, £12,900 Min Deposit. Calculated using a representative rate of 4.42%