1 bedroom apartment for sale

Available

L&Q at Huntley Wharf - Plot 451, RG1 3DH

£68,750 · Shared Ownership New Build

Share percentage 25%, full price £275,000, £6,875 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Move into your new home for Christmas**!
Floor plan
floor-plan
Floor plan
floor-plan
£68,750 Shared Ownership New Build

Share percentage 25%, full price £275,000, £6,875 Min Deposit.

Monthly Cost: £852
Rent £310, Service charge £195, Mortgage £347*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

Rent paid for up to 6 months when you reserve a new Shared Ownership home between 1 to 30 November*! Ready to move into - plot 451, a 1 bedroom fifth floor apartment in central Reading. 

Description

Rent paid for up to 6 months when you reserve a new Shared Ownership home between 1 to 30 November*! Register your interest to find out more!

Plot 451 - Prices start from £68,750 for a 25% share. Full market value £275,000

Plot 451 is a contemporary one bedroom apartment situated on the fifth floor. The open-plan kitchen/dining/living area leading to a balcony is perfect for hosting. The contemporary style kitchen hosts integrated appliances which are included as standard, meaning you have everything you need to move straight in. The large bedroom easily accommodates space for a desk if working from home. Please note this apartment has no parking.

Living/Dining/Kitchen - 7.24m x 3.44m / 23'9" x 11'3"
Bedroom - 4.92m x 3.30m / 16'2" x 10'8"
Balcony - 4.4m2 / 47.4ft2
Total Internal Area - 45.9m2 / 494.3ft2

* Full purchase price: £275,000
* Minimum 25% share value: £68,750
* Minimum deposit from: £6,875
* Rent pcm* from: £310

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 Huntley Wharf is a collection of riverside 1 and 2-bedroom Shared Ownership apartments and duplex apartments in the prospering town of Reading which are available now. The development complements the transformation of Reading as an urban hub, providing contemporary riverside apartments to this evolving town.

Huntley Wharf provides a new destination for central Reading featuring a central riverside square with proposed local amenities such as a café, restaurant, a local store, gym, nursery and landscaped open spaces along the river. The landscaping has been planned to provide green spaces and floral walkways for residents to enjoy.

All apartments provide a desirable specification which includes contemporary Symphony kitchens with built-in energy efficient appliances as well as Karndean flooring and neutral carpets throughout. The apartments are finished with neutral décor giving any new homeowner a blank canvas to make their mark.

L&Q at Huntley Wharf is located close to Reading city centre providing easy access to numerous shops, restaurants, cafes and bars.

A fully-inclusive specification at no additional cost

- Karndean flooring to open-plan living/kitchen/dining areas, hallways and kitchens
- Neutral fitted carpets to bedrooms
- Tiles to bathroom, cloakroom and en-suite floor
- Washer/Dryer positioned in utility cupboard
- Integrated sprinkler system
- Mains operated ceiling mounted smoke detector
- Communal heating system with radiators
- Video door entry system
- Contemporary Symphony kitchen with soft-close doors and drawers
- Fully integrated energy efficient appliances including oven, induction hob, extractor hood, fridge/freezer and dishwasher

Unfamiliar with Shared Ownership?

Under the Shared Ownership scheme, you part-buy/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 now to find out more information and book a viewing!

Please note all applicants are required to register with L&Q for Shared Ownership.

*Photography depicts typical L&Q show homes and does not necessarily reflect the layout or specification of this specific plot. Individual features such as windows, brick, other materials, heating and electrical layouts and internal positioning may vary. Furniture is not included within any units. For further clarification, please speak with a Sales Associate.

*Shared Ownership terms and conditions apply. Please visit lqhomes.com/shared-ownership for more information. Prices start from £66,250 for a 25% share of a 1 bedroom apartment at L&Q at Huntley Wharf. Full market value of £265,000. Incentive terms and conditions apply. Subject to availability. For full terms and conditions visitlqhomes.com/offers.

Key Features
  • Rent paid for up to 6 months when you reserve a new Shared Ownership home between 1 – 30 November*
  • Ready to move into now!
  • Prices start from £68,750 for a 25% share. Full market value £275,000
  • Pet friendly development
  • Only a 10 minute walk to Reading Station
  • Over 90% of homes now sold!
  • Planned on-site amenities at Riverside Square including a café, restaurant, a local store and gym
  • Integrated energy efficient appliances included as standard
  • On site car-sharing services available
  • Secure cycle storage for each apartment
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
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Reading Station (0.47 miles) Reading West (1.22 miles) Earley (2.17 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.

£68,750
Shared Ownership New Build
Estimated Monthly Cost:£852
Rent £310
Service Charge £195
Mortgage £347

Share percentage 25%, full price £275,000, £6,875 Min Deposit. Calculated using a representative rate of 4.59%


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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.