2 bedroom apartment for sale
Flat 11 7 Alleyne Close, RG1 7LZ
Share percentage 35%, full price £260,000, £9,100 Min Deposit.
Share percentage 35%, full price £260,000, £9,100 Min Deposit.
Monthly Cost: £1,088
Rent £480,
Service charge £149,
Mortgage £459*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
2 Bed Second Floor Flat in Reading
Description
This well-presented second-floor apartment is located in West Reading, close to local amenities. The property features an open-plan living area with a kitchen, two double bedrooms, and a bathroom.
Full Market Value:£260,000
Minimum Share %:35%
Minimum Share £:£91,000
Rent:£480.22
Service Charge:£148.8
Lease Length:116 Years
Council Tax Band:C
EPC Rating:B
Allocated parking and visitor bays
Internal secure bike store
Lift access to all floors
Close to amenities
Close to Reading Town Centre
Key Features
The apartment is just a five-minute walk from the new Reading West train station and one mile from central Reading, which offers a variety of shops and restaurants in the Oracle shopping center.
Reading train station provides direct links to London Paddington and central London via the Elizabeth Line, with frequent trains. There are also good schools and local amenities nearby.
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
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 35%, full price £260,000, £9,100 Min Deposit. Calculated using a representative rate of 4.59%
