2 bedroom apartment for sale

Available

FLAT 36 Priory Point, Southcote Lane, RG30 3ES

£78,000 · Shared Ownership Resale

Share percentage 30%, full price £260,000, £3,900 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£78,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £260,000, £3,900 Min Deposit.

Monthly Cost: £1,121
Rent £484, Service charge £203, Mortgage £434*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

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 the heart of Reading.

Description

Inside you are welcomed with a spacious entrance hallway complete with two storage cupboards. There is also plenty of room in the hallway for shoes and coats.

Moving from here you will find the open plan living room, dining area and kitchen. This space has lots of natural light thanks to it's floor to ceiling windows and is a large space to allow for separated living and dining areas if you wish.

The kitchen is modern and well equipped with unique red tiling and fully integrated appliances such as an oven, hob, extractor fan and fridge/freezer. There is also lots of counter top space and storage available.

Next up is the slightly smaller of the two bedrooms, which is still a large, double room. You will find plenty of room for your bedroom furniture needs.

The master bedroom is an even larger double room, with two windows offering lots of natural light. There is plenty of space for whatever furniture you need, and both rooms would also comfortably accommodate a work from home set up if required!

Lastly, you have the modern, large family bathroom complete with a shower over 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.

This property offers large living areas and lots of storage space, making it ideal for families people wanting to grow with the property. With great local amenities and transport links, it also benefits from being in a great location. Don't miss out on this incredible opportunity and reserve today!

Key Features:

  • Full Market Value:£260,000
  • Share:30%, £78,000
  • Rent:£483.96
  • Service Charge:£202.60
  • Lease Length: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 Certificate
Map
Reading West (0.64 miles) Reading Station (1.36 miles) Tilehurst (2.18 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.

£78,000
Shared Ownership Resale
Estimated Monthly Cost:£1,121
Rent £484
Service Charge £203
Mortgage £434

Share percentage 30%, full price £260,000, £3,900 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.