Available

£89,250

FLAT 5, 7 Alleyne Close, RG1 7LZ
Share 35% / Full price £255,000 / Min deposit £4,463

Apartment
2 bedrooms
1 bathroom

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Summary

Southern Housing are pleased to present this spacious and well-designed first floor apartment, ideally located in Reading and offering a comfortable and contemporary living environment.

Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Description

The property opens into a welcoming central hallway that provides access to all principal rooms, and features a storage cupboard. To the rear of the apartment, a bright and generously proportioned open-plan kitchen, dining and sitting area serves as the heart of the home. This versatile space is perfect for modern living, with ample room for relaxing, entertaining and dining, while a large window and door lead out onto a private balcony, allowing natural light to flood the room and offering an ideal spot to enjoy outdoor space.

The apartment benefits from two well-proportioned bedrooms. The main bedroom is particularly spacious, offering a calm and flexible setting for rest and features a built in wardrobe. The second bedroom is also a good size and could be used as a guest room, home office or additional living space depending on individual needs. A contemporary family bathroom is positioned conveniently off the hallway and features a clean and practical layout.

The Local Area
Alleyne Close enjoys a convenient position within central Reading, offering a well-connected and amenity-rich setting that suits both day-to-day living and commuting.

The area provides easy access to Reading town centre, where residents can enjoy a wide selection of shops, cafés, restaurants and leisure facilities. The Oracle shopping centre, set along the River Kennet, offers a vibrant mix of high street brands, dining options and entertainment venues, making it a popular destination for both shopping and socialising. Broader retail opportunities can also be found along nearby Broad Street and Friar Street, where a wide variety of national and independent stores are located.

For those who value outdoor space, the surrounding area benefits from access to nearby green and riverside settings, including the River Kennet and the wider Thames-side walks, as well as local open spaces such as Coley Water Meadows. These attractive natural areas provide a welcome escape from the town centre and opportunities for walking, cycling and relaxing outdoors.

Transport links from the property are particularly strong, making it an ideal choice for commuters. Reading Station, one of the busiest transport hubs outside of London, offers fast and frequent rail services to London Paddington, as well as connections to a wide range of regional and national destinations. The Elizabeth line also operates from Reading, further enhancing connectivity into central London. In addition, Reading West station and several local bus routes are located close by, providing further convenient options for travel within the town and beyond.

The property also benefits from an allocated parking space, offering added practicality for residents with a car and ensuring ease of access in this well-connected central location, where both road links and local infrastructure support straightforward travel in and around Reading.

This attractive apartment presents an excellent opportunity for first time buyers or those looking to step onto the property ladder. Don't miss out, register your interest today.

Key Information:

  • Full Market Value: £255,000
  • Share: 35%, £89,250
  • Rent: £501.84
  • Service Charges: £178.53
  • Lease Length: 113 Years
  • Council Tax Band: C

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan Energy Certificate
Local area information
Stations
Showing nearest stations
  • Reading West Rail Station (0.3km)
  • Reading Rail Station (1.3km)
  • Reading Rail Station (1.3km)
  • Reading Green Park (3.1km)
  • Tilehurst Rail Station (3.6km)
  • Tilehurst Rail Station (3.6km)
  • Earley Rail Station (5.0km)
  • Theale Rail Station (6.4km)
  • Theale Rail Station (6.4km)
  • Winnersh Triangle Rail Station (6.9km)
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.
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Monthly cost calculator
£89,250 Shared Ownership Resale Full price £255,000
Estimated monthly cost £1,188
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