2 bedroom house for sale

Under Offer

St. Agnes Way, Reading, RG2 0FS

£112,500 · Shared Ownership Resale

Share percentage 30%, full price £375,000, £5,625 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£112,500 Shared Ownership Resale

Share percentage 30%, full price £375,000, £5,625 Min Deposit.

Monthly Cost: £1,364
Rent £641, Service charge £96, Mortgage £627*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

A 2 bed shared ownership property available in Reading, Berkshire

Description

This spacious, two-bedroom house is now available in Reading through Shared Ownership.

The property comprises an entrance hall, a spacious living room, a modern fitted kitchen, two bedrooms (one en-suite room), a bathroom, a single toilet, and a private rear garden.

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

Available for £112,500 for 30% share based on the marketing figure of £375,000.

Monthly rent - £640.83
Monthly Service Charge - £96.09
Total Monthly Charge - £736.92 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

This property is located in a residential and commercial properties within Reading. There are many local shops and restaurants within walking or driving distance. Making Reading the perfect place to live.

EPC rating

Energy rating band - C
Environmental impact band - B

Lease information

Years remaining on lease: 975

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.

Key Features
    Particulars

    Tenure: Not specified
    Council Tax Band: Not specified

    Property Downloads
    Floor Plan
    Map
    Reading West (1.77 miles) Reading Station (1.89 miles) Earley (2.50 miles)
    Monthly Cost Calculator

    The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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    • 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.

    £112,500
    Shared Ownership Resale
    Estimated Monthly Cost:£1,364
    Rent £641
    Service Charge £96
    Mortgage £627

    Share percentage 30%, full price £375,000, £5,625 Min Deposit. Calculated using a representative rate of 5.03%


    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.