2 bedroom house for sale
Longships Way, , RG2 0FZ
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £924
Rent £496,
Service charge £49,
Mortgage £379*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Reading, Berkshire
Description
Contemporary two bedroom mid terrace house available in Reading. This property comprises a hallway, modern fitted kitchen, lounge, two bedrooms, W.C, and family bathroom with shower over bath. The property also benefits from a private garden, one allocated parking space, double glazed windows, Gas fired boiler, and immersion.
Available for £75,000 for 25% share based on the marketing figure of £300,000.
SO Resi Monthly Payment - £496.03
Monthly Service Charge - £49.21
Total Monthly Charge - £545.24 plus mortgage required for 25% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
Layout and dimensionsKitchen:
Modern fitted kitchen
2.15m x 3.05m
Living Room:
Door to garden
3.99m x 4.26m
Bathroom:
3 piece suite with shower over bath
Bedroom 1:
L shaped room
3.59m x 3.26m + 1.08m x 1.65m
Bedroom 2:
4.85m x 2.08m
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedrooms
- Mid terrace house
- Garden
- Good access to amenities and transport links
- Good condition
- Available for 25% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 4.59%
