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£76,000
Bright and spacious one-bedroom apartment now available in Southcote, Reading, through Shared Ownership.
The property comprises a wide living room, a semi-separate fitted kitchen, and a good-sized bedroom. This could be ideal for a couple or a single person.
The flat is on the first floor and has allocated parking space as well as bike stores.
Available for £76,000 for 40% share based on the marketing figure of £190,000.
Monthly rent - £495.67
Monthly Service Charge - £146.76
Total Monthly Charge - £642.43 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property resides in the residential area of Southcote, with some local amenities nearby and more in the town centre of Reading. There is also a large public park, Prospect Park, just minutes walk away from the flat.
London is also less than an hour away, thanks to the Reading railway station. The closest railway station is only a mile away.
The M4 motorway and A33 highway are also quite close by, just about 10 minutes away by car.
EPC ratingEnergy rating band - C
Environmental impact band - B
Years remaining on lease: 990
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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