1 bedroom apartment for sale

Available

L&Q at Bankside Gardens - Plot 209, RG2 6AB

£68,125 · Shared Ownership New Build

Share percentage 25%, full price £272,500, £6,813 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£68,125 Shared Ownership New Build

Share percentage 25%, full price £272,500, £6,813 Min Deposit.

Monthly Cost: £1,007
Rent £468, Service charge £188, Mortgage £351*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

Reserve this July and receive up to £1,000 towards your moving costs.* Homes feature a fully-inclusive specification, balcony, parking and on-site amenities at the Resident's Club 51.

Description

Reserve this July and receive up to £1,000 towards your moving costs.*Register your interest now!

Plot 209

Full market value £272,500. Prices start from £68,125 for a 25% share.

A spacious one bedroom apartment on the outskirts of Reading suburbs, offering the train station* and shop within short distance. This home features an open-plan kitchen/dining/living area with sliding doors opening onto the spacious balcony which becomes an extension of the apartment, flooding the space with natural light. It is also ideal for enjoying the evening sun, making it the perfect sociable living space. The contemporary style kitchen has integrated appliances included as standard with a useful utility cupboard with washer/dryer also included. A generously proportioned bedroom, with a mirrored wardrobe, lead off from the spacious hallway along with the modern bathroom. Allocated parking is also included.

Your new energy efficient home

Benefitting from low maintenance requirements and a NHBC Guarantee, buyers can save a significant amount on their energy bills through the insulation, build quality, heating systems, and appliances.

About the Development

L&Q at Bankside Gardens presents a contemporary collection of Shared Ownership apartments in the leafy Reading suburbs.

This exciting collection of 1, 2 and 3 bedroom apartments are perfect for those looking to escape city life and embrace peaceful waterside living.

Tucked away amongst the cluster of lakes weaving through the town, L&Q at Bankside Gardens offers the perfect work and play balance. With the brand new Reading Green Park station only a 3 minute* walk, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour** Reading town centre is also just a 7 minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy.

Each home at this incredibly desirable lakeside location will benefit from an all-inclusive specification, including a fully fitted kitchen, bathroom and flooring throughout. With a local convenience store and access onto the A33 just a stone's throw away from your doorstep, these charming waterside apartments are the perfect place to call home.

A fully inclusive specification at no additional cost

* Flooring to living/kitchen areas, hallway and storage / utility cupboard
* Carpet to all bedrooms throughout
* Communal heating system included
* Paint to all walls and ceilings
* Large aspect composite windows and doors
* Washer dryer positioned in storage / utility cupboard
* Double wardrobe to master bedroom with mirrored sliding doors
* Contemporary tiled bathroom
* Contemporary kitchen with soft close doors and drawers and matching upstand
* Stainless steel splash back
* LED pelmet lighting to wall units
* Integrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor

Unfamiliar with Shared Ownership?

Under the Shared Ownership scheme, you part-buy and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.

The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidized rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.

Register your interest

Register your interest to be kept up to date with the latest information on floorplans, pricing and our launch event.

*Incentive terms and conditions apply. Subject to availability. The buying cost will be paid by way of deduction from monies due at completion of the purchase. For full terms and conditions visit lqhomes.com/terms-and-conditions/. July 2024

*On-site amenities form part of the monthly service charge and is only available to Shared Ownership customers. **subject to approval

Key Features
  • Reserve this July and receive up to £1,000 towards your moving costs*
  • Full market value £272,500. Prices start from £68,125 for a 25% share.
  • Access to the Resident's Club 51 featuring an on-site resident's gym, cinema and co-working space
  • Fully inclusive specification at no additional cost
  • Integrated energy efficient appliances included as standard
  • Double wardrobe to master bedroom with mirrored sliding doors
  • On-site Tesco Express
  • New Green Park Village station and brand new primary school now open
  • 6 minute commute to Reading station
  • Pet friendly environment**
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Reading West (1.99 miles) Reading Station (2.41 miles) Earley (3.40 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.

£68,125
Shared Ownership New Build
Estimated Monthly Cost:£1,007
Rent £468
Service Charge £188
Mortgage £351

Share percentage 25%, full price £272,500, £6,813 Min Deposit. Calculated using a representative rate of 4.80%


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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.