Share Price £64,000 (from 40% Min. Share)

Full Value £160,000 | £3,200 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Reading - Reading

place Branagh Court, RG30 2QZ

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


Description

Full Description

A one bedroom purpose built ground floor apartment located in Reading available through Shared Ownership Scheme

Available for £64,000 for 40% share based on the marketing figure of £160,000
So Resi Monthly Payment - £395.07
Monthly Service Charge - £113.94
Total Monthly Charge - £509.01 PLUS MORTGAGE REQUIRED FOR 40% SHARE

A modern ground floor flat in immaculate condition. The accommodation comprises of entrance hallway, airing cupboard, two storage cupboards, kitchen & lounge/diner, one bedroom and a family bathroom.There is allocated parking for one car with and communal gardens. The property further benefits UPVC double glazing and electric heating.

The location is central and the property is conveniently located within 1 mile of Reading rail station and within walking distance to a number of bus links. Reading is situated between the M4 motorway and the A329 with good access into London. There is a vast selection of amenities, restaurants and bars within walking distance as well as selection of schools, a university and a hospital.

Hallway:

Kitchen:
3.14m x 2.82m
Fitted kitchen

Lounge:
3.14m x 2.82m

Bathroom:
3 piece suite with shower over bath

Bedroom 1:
3.95m x 2.99m

External:
1 allocated parking space
Development grounds only

EPC Rating
Energy Rating Band - C
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 increase
that takes place. Please refer to Resale Team for up to date information.


Key Features


• One bedroom
• Ground floor
• Good condition
• Electric heaters
• Allocated parking
• Available for 40% share


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Calculate Monthly Cost

Share price
£ 64,000
Min. £64,000
Share percentage
Min. 40%
Your deposit
Min. £3,200
Monthly cost*
£828
Cost breakdown
£395
Rent
£114
Service charge
£319
Mortgage*
Calculated using a representative rate of 3.94%
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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.