£150,000

Bright and cosy two-bedroom apartment now available in Reading, through Shared Ownership.

The property features an entrance hallway, a reception room, a separate kitchen, two bedrooms and two bathrooms.

The property offers residents access to a shared garden area and allocated off-street parking.

Available for £150,000 for 60% share based on the marketing figure of £250,000.

Monthly rent - £406.58
Monthly Service Charge - £147.99
Total Monthly Charge - £554.57 plus mortgage required for 60% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property situates in a convenient location with all amenities nearby and about a mile away from the town centre of Reading.

The railway station can be reached on foot in about 10 minutes, allowing for easiness of transport. There's also a bus stop just around the corner, allowing to travel locally at speed. Thanks to these services, London can be reached in less than one hour from the flat.

The Reading railway station, in the town centre, is now accessed by the Elizabeth Line, allowing for fast travel to the main London tube stations directly.

Energy rating band - C

Environmental rating band - C

Years remaining on lease: 970

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.