2 bedroom apartment for sale
Flat 3, 1 Shipridge Drive, RG7 1UG
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit
Monthly Cost: £928
Rent £239,
Service charge £87,
Mortgage £602*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.
Applicants with local connections may take priority.
Summary
VIVID is pleased to offer this re-sale 2 bedroom Shared Ownership apartment for sale. Available from a 40% share situated in Spencers Wood, Wokingham.
Description
This 2nd floor, 2-bedroom flat in Spencer's Wood, Wokingham is an ideal property for couples, small families and professionals. There's a modern open plan kitchen/diner, equipped with an oven, hob, extractor, Fridge freezer, washer dryer and dishwasher. From here you have the living area which features 2 windows and doors leading out to a private balcony which allows for lots of natural light.
This Property has 2 double bedrooms, 1 bedroom features an ensuite which comprises of a walk in shower and a white 2 piece suite with a radiator. The family bathroom includes a modern white 3 piece suite with shower over bath. This bathroom benefits from a radiator and ample space for storage.
Outside, you’ll find an allocated parking space and plenty of visitor and on street parking. It also offers a secure bike store.
The property's location offers easy access to the heart of Reading, just a 20-minute journey away, where you can enjoy the Oracle shopping centre, restaurants, and bars. Close to Lambs lane Primary school just a short 7 minute drive away and Oakbank secondary school 12 minute walk. The property has lots of local parks, and walking areas near by making it a perfect location for families. This property is well-connected by bus routes and is a short drive from the M4 motorway, making it convenient for commuting for professionals. The nearby train station also provides easy access to London and surrounding areas, ensuring all your daily needs are within reach.
Key Features
Open plan Living/dining/kitchen
2 double bedrooms
Ensuite
Double glazing, gas central heating
Secure bike store
Private balcony
1 allocated parking space
Integrated appliances
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C
Property Downloads
Brochure Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2019
Unit size: 64 Square metres
Accessible measures: No
Listed property: No
Heating: Gas Central
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.03%
