Share Price £132,000 (from 60% Min. Share)

Full Value £220,000 | £6,600 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom apartment in Reading - Reading

place Mannock Way, Woodley, RG5 4XW

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A two bedroom ground floor apartment located in Reading available through Shared Ownership Scheme


Full Description

A two bedroom ground floor apartment located in Reading available through Shared Ownership Scheme

Available for £132,000 for 60% share based on the marketing figure of £220,000

So Resi Monthly Payment- £304.27
Monthly Service Charge- £127.31
Total Monthly Charge- £431.58 PLUS MORTGAGE REQUIRED FOR 60% SHARE

Two bedroom apartment brought to you by So Resi and located in Reading available for shared ownership. The property comprises two double bedrooms, hallway, lounge, Fitted kitchen and bathroom with 3 piece suite with shower over bath, property also benefits from communal car park.


Fitted kitchen

3.64m x 4.25m

3 piece suite with shower over bath

Bedroom 1:
3.59m x 2.61m + 1.15m x 1.06m

Bedroom 2:
2.2m x 3.47m

Development grounds
Car park – first come first served

EPC Rating

Energy Rating Band- E
Environmental Impact Band- D

All room dimensions approximate.

Please note figures given for So resi monthly payment and service charge are correct at time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up to date information.

Key Features

  • Two bedrooms
  • Ground Floor
  • Car park
  • Good condition
  • Double glazed windows
  • Good access to local amenities in Reading
  • Available for 60% share

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Calculate Monthly Cost

Share price
£ 132,000
Min. £132,000
Share percentage
Min. 60%
Your deposit
Min. £6,600
Monthly cost*
Cost breakdown
Service charge
Calculated using a representative rate of 3.94%

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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.