2 bedroom apartment for sale
L&Q at Bankside Gardens - Plot 602, RG2 6AB
Share percentage 25%, full price £397,500, £9,938 Min Deposit.
Share percentage 25%, full price £397,500, £9,938 Min Deposit.
Monthly Cost: £1,353
Rent £559,
Service charge £292,
Mortgage £502*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Rent paid for up to 3 months when you reserve a new Shared Ownership home between 1 to 30 November* Ready to move into - a 2 bedroom apartment on the 6th floor with a balcony.
Description
Rent paid for up to 3 months when you reserve a new Shared Ownership home between 1 to 30 November*
Ready to move into - Register your interest now!
Prices start from £99,375 for a 25% share. Full market value £397,500.
A contemporary two bedroom apartment on the lakeside development of L&Q at Bankside Gardens. There is plenty of storage space throughout making this home a stylish yet practical choice. The open-plan kitchen/dining/living leads to the balcony which provides invaluable extra space, perfect for enjoying the evening. The contemporary style kitchen hosts integrated appliances which are included as standard, meaning you have everything you need to move straight in.
Convenience is at your door with a variety of on-site amenities* waiting for you. Workout in style with the resident gym and studio, or invite friends over to watch the latest movie to stream in the cinema.
- Living/Dining Room - 5.23m x 4.02m / 17'2" x 13'2"
- Kitchen - 3.18m x 1.97m / 10'5" x 6'6"
- Bedroom 1 - 3.40m x 3.08m / 11'2" x 10'1"
- Bedroom 2 - 3.87m x 2.70m / 12'8" x 8'10"
- Total Internal Area - 70.2m2 / 755ft2
- Balcony - 11.2m2 / 120ft2
Prices start from £99,375 for a 25% share. Full market value £397,500.
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 Bankside Gardens presents a contemporary collection of Shared Ownership apartments in the leafy Reading suburbs.
This exciting collection of 1, 2 and 3 bedroom apartments are perfect for those looking to escape city life and embrace peaceful waterside living.
Tucked away amongst the cluster of lakes weaving through the town, L&Q at Bankside Gardens offers the perfect work and play balance. With the brand new Reading Green Park station only a 3 minute* walk, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour** Reading town centre is also just a 7 minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy.
Each home at this incredibly desirable lakeside location will benefit from an all-inclusive specification, including a fully fitted kitchen, bathroom and flooring throughout. With a local convenience store and access onto the A33 just a stone's throw away from your doorstep, these charming waterside apartments are the perfect place to call home.
A fully inclusive specification at no additional cost
* Flooring to living/kitchen areas, hallway and storage / utility cupboard
* Carpet to all bedrooms throughout
* Communal heating system included
* Paint to all walls and ceilings
* Large aspect composite windows and doors
* Washer dryer positioned in storage / utility cupboard
* Double wardrobe to master bedroom with mirrored sliding doors
* Contemporary tiled bathroom
* Contemporary kitchen with soft close doors and drawers and matching upstand
* Stainless steel splash back
* LED pelmet lighting to wall units
* Integrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor
Unfamiliar with Shared Ownership?
Under the Shared Ownership scheme, you part-buy and 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!
*Shared Ownership terms and conditions apply. Please visit lqhomes.com/shared-ownership for more information. Prices start from £67,500 for a 25% share of a 1 bedroom apartment at L&Q at Bankside Gardens. Full market value of £270,000. Incentive terms and conditions apply. Subject to availability. For full terms and conditions visit lqhomes.com/offers.
Key Features
- Rent paid for up to 3 months when you reserve a new Shared Ownership home between 1 – 30 November*
- Ready to move into!
- Prices start from £99,375 for a 25% share. Full market value £397,500
- Access to the Resident's Club 51 featuring an on-site resident's gym, cinema and co-working space
- Fully inclusive specification at no additional cost
- Integrated energy efficient appliances included as standard
- Double wardrobe to master bedroom with mirrored sliding doors
- 6 minute commute to Reading station
- New Green Park Village station and brand new primary school now open
- **Pet friendly environment
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £397,500, £9,938 Min Deposit. Calculated using a representative rate of 4.59%
