Share Price £118,000 (from 40% Min. Share)

Full Value £295,000 | £5,900 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Reading - Reading

place Luscinia View, Napier Road, RG1 8AG

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A well presented two double bedroom apartment in one of Reading`s most prestigious developments.


Description

A well presented two double bedroom apartment in one of Reading`s most prestigious developments. Built in 2005, the property is within close proximity to the town centre and the train station, which serves direct access to London Paddington in just 25 minutes, and is soon to be on the Elizabeth Line (Crossrail) linking Reading with the City of London and Canary Wharf.


Key Features

  • Two Double Bedrooms
  • Open Plan Living
  • Double Glazing
  • Juliette Balcony
  • Wood Effect Laminate Flooring
  • Energy Efficient Central Heating
  • Fitted Wardrobes
  • Part Tiled Bathroom

Download Documents

Link to the floor plan Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 118,000
Min. £118,000
Share percentage
Min. 40%
Your deposit
Min. £5,900
Monthly cost*
£1,094
Cost breakdown
£398
Rent
£126
Service charge
£570
Mortgage*
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Location

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.

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.