3 bedroom house for sale
Norman Rise, RG7 1YW
Share percentage 40%, full price £500,000, £10,000 Min Deposit.
Share percentage 40%, full price £500,000, £10,000 Min Deposit.
Monthly Cost: £1,800
Rent £642,
Service charge £44,
Mortgage £1,114*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Please note, there is a local connection requirement to Wokingham Borough Council.
Summary
3 bed house for sale located in Reading
Description
This modern three bedroom semi-detached home has an open-plan living and dining space with french doors opening to a generous private garden. There is a WC on the ground floor located in a separate hall. Upstairs you will find an en-suite master bedroom and modern family bathroom with a bath.
This property also has a driveway with room for three cars, a garage with one parking space and generous on-road parking available. There is a local shop just a short walk away along with a bus service with access to Reading town centre.
Please note, there is a local connection requirement to Wokingham Borough Council.
Key Features
- Spacious open plan living/dining area
- En-suite
- Garage & driveway parking
- Rural living whilst nearby to Reading town centre
- Close distance to Lambs Lane Primary School
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: D
Property Downloads
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 £500,000, £10,000 Min Deposit. Calculated using a representative rate of 5.03%
