1 bedroom apartment for sale
L&Q at Huntley Wharf - Plot 440, RG1 3DH
Share percentage 25%, full price £267,500, £6,688 Min Deposit.
Share percentage 25%, full price £267,500, £6,688 Min Deposit.
Monthly Cost: £834
Rent £301,
Service charge £195,
Mortgage £338*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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 440, a 1 bedroom fourth 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 440 - Prices start from £66,875 for a 25% share. Full market value £267,500
Plot 440 is a contemporary one bedroom apartment situated on the fourth floor. The open-plan kitchen/dining/living area 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 3.93m / 16' 1" x 12' 11"
Total Internal Area - 45.9m2 / 494.3ft2
* Full purchase price: £267,500
* Minimum 25% share value: £66,875
* Minimum deposit from: £6,688
* Rent pcm* from: £301
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!
- £210,000 for a 75% share. Full market value £280,000
- 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
Floor PlanVirtual Tour
Map
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 £267,500, £6,688 Min Deposit. Calculated using a representative rate of 4.59%
