£115,000

A well-presented, modern fourth-floor 1-bedroom apartment is now available in Reading, through Shared Ownership.

The property comprises entrance hallway, lounge with open plan kitchen, bathroom with integral bath/shower and a good sized bedroom. This could be ideal for individuals or couples.

The service charge includes the water bills.

No onward chain with this property.

The property is also available at full price (100% Ownership).

Available for £115,000 for 50% share based on the marketing figure of £230,000.

Monthly rent - £388.50
Monthly Service Charge - £292.32
Total Monthly Charge - £680.82 plus mortgage required for 50% share.

An annual rent increase takes place every April

Located in the centre of Reading, this apartment offers prime riverside setting with amenities close by and great transport links. The apartment is ideally positioned within walking distance of Reading station which provides fast and frequent services to London Paddington in under 30 minutes. There is also easy access to the M4 motorway for commuters.

Close by is The Oracle Shopping Centre, home to a wide range of retail stores, restaurants and cafes and a cinema. The surrounding area also features several gyms, supermarkets and local services for easy living.

Nature lovers will appreciate the proximity to the River Kennet, which runs behind the property, offering tranquil waterside walks and scenic views. Forbury Gardens and Christchurch Meadows are also close by, providing green open spaces perfect for relaxation, jogging or picnics along the Thames Path.

Energy rating band - D
Environmental impact band - C

Years remaining on lease: 81

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.