Share Price £150,000 (from 50% Min. Share)

Full Value £300,000 | £7,500 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

3 bedroom house in Reading - Reading

place Basingstoke Road, RG2 0JF

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A 1930’s semi-detached house available through our Shared Ownership Scheme


Description


Full Description

A 1930’s semi-detached house available through our Shared Ownership Scheme

Available for £150,000 for 50% share based on a market value of £300,000

A 1930’s semi-detached house situated in a convenient residential location. The accommodation comprises of entrance hall, through living room and kitchen at ground level. To the first floor there are two bedrooms, together with a third bedroom/study. Bathroom with WC. Parking for two/three cars available in front garden. Large,
enclosed rear garden. The property has gas central heating and double glazing.

Located within a road of mainly similar properties close to local shops, with more extensive town centre facilities and mainline station at Reading. Good access to M4 motorway.

So Resi Monthly Payment- £218.50
Monthly Service Charge- £17.99
Total Monthly Charge- £236.49 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details

Ground floor:

Entrance hall
Under stair cupboard

Kitchen:
3.25 x 2.09
Gas hob
Cooker
Space for fridge/freezer and washing machine

Through living room:
7.04 x 3.32

First floor:

Landing:

Bathroom with WC
White suite
Shower over bath

Bedroom 1:
3.97 x 2.97

Bedroom 2:
2.93 x 2.97

Bedroom 3/Study:
2.09 x 2.35

Outside:
Parking to front garden/drive
Rear garden laid mainly to lawn
Summerhouse.

EPC Rating

Energy Rating Band- E
Environmental Impact Band- E

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

Key Features

Semi-detached house
Two/three bedrooms
Two/three parking spaces to front
Gas central heating and double glazing
Good sized enclosed rear garden
Extension potential
Available on 50% shared ownership basis


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Calculate Monthly Cost

Share price
£ 150,000
Min. £150,000
Share percentage
Min. 50%
Your deposit
Min. £7,500
Monthly cost*
£984
Cost breakdown
£219
Rent
£18
Service charge
£747
Mortgage*
Calculated using a representative rate of 3.94%
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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.