2 bedroom apartment for sale
FLAT 24 Priory Point, Southcote Lane, RG30 3ES
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
Monthly Cost: £1,197
Rent £415,
Service charge £203,
Mortgage £579*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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.
Summary
We are pleased to offer this stunning 2 bedroom apartment in Reading.
Description
Inside you're welcomed to a spacious entrance hallway with two storage cupboards and plenty of room for shoes and coats. The hallway is also freshly decorated.
Next up is the open living room, dining area and kitchen. This space has lots of natural light thanks to its large double windows and has plenty of room for separated living and dining spaces if you wish. The living area/kitchen has also been freshly decorated.
The kitchen features a modern design with white high gloss cupboards, dark grey marble effect countertops and white and black tiling to bring the space together. There is lots of cupboard space available and room to prep your meals on the countertop. The kitchen also features fully integrated appliances, including the oven; hob; extractor fan; dishwasher; fridge/freezer and washing machine, which is also new. There has also been a new boiler installed by the current own in March 2024!
Next up are the two spacious double bedrooms. The first acts as the master and features plenty of space for a king size bed and bedroom furniture. It also features a built in wardrobe, new flooring and lots of natural light.
The second bedroom is another large double, this one slight narrower but longer then the first. It again features lots of natural light and also a double built in wardrobe.
Finally you have the large family bathroom, complete with new flooring and a shower other the bath.
Reading has lots to offer, and Priory Point is ideally located to benefit from this. With lots to do nearby and excellent transport links every need is covered!
With Reading Town Centre a short 10 minutes drive away, everything you may need from eating out to clothes shopping is close by. You also have lots of green space to enjoy, with Prospect Park being reachable in 20 minutes walk and many other parks also being available to you.
Transport is also covered, with Reading West station reachable in under 15 minutes walk getting you to Reading Station and the Elizabeth Line in around 5 minutes. Alternatively, you reach Reading Station and the Elizabeth line directly by car in 15 minutes, or 40 minutes walk. There are also local bus routes right outside your door, and if you are a driver the property features an allocated parking space & you have access to the M4 in around 15 minutes.
The property boasts new decorated living spaces, large living areas & lots of storage throughout. It also benefits from being in an ideal area, with lots to do and excellent transport links making this a property to not be missed. Register your interest so you don't miss out today!
Key Information:
- Full Market Value:£260,000
- Share:40%, £104,000
- Rent:£414.88
- Service Charge:£202.60
- Lease Term:111 Years
Key Features
- Allocated Parking
- Long Lease of 111 years
- Excellent Transport links
- Access to the Elizabeth line
- Lots to do nearby
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: C
Property Downloads
Key Information Document 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 40%, full price £260,000, £5,200 Min Deposit. Calculated using a representative rate of 5.03%
