£104,000

This bright, cosy, two bedroom apartment is now available in Reading through Shared Ownership.

On the first floor boasts of an entrance hall with storage, a spacious living room, a modern kitchen, two bedrooms (one en-suite) and a bathroom.

Outside, there is allocated off-street parking. Ideal for couples and small families.

Available for £104,000 for 40% share based on the marketing figure of £260,000.

Monthly rent - £585.82
Monthly Service Charge - £228.34
Total Monthly Charge - £814.16 plus mortgage required for 40% 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 sits in a tranquil residential area and is close to Reading's town centre, less than 10 minutes away by car. Several amenities are nearby, thanks to a retail centre next to a stadium and supermarkets just a few minutes drive away.

There are also bus stations nearby, which allow to move around by public transport. Road travel is quite convenient, thanks to the M4 being less than 10 minutes away. There are also several natural and green areas nearby, thanks also to the close proximity of River Kennet.

Energy rating band - B
Environmental impact band - B

Years remaining on lease: 971

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.