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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room
  • Floor area 614 sq. ft

Features

  • Leasehold
  • Communal garden
  • Off street parking

Listing view statistics

Last 30 days: 297 page views

Since listed: 544 page views

Description

The property:
One bedroom flat in Reading is available now on a part-buy/part-rent scheme. Approx. 87 years remaining on the lease.

Gia: 57m2

Bedroom 1 approx. ( 3.7m X 3.2m)
Double room, carpeted floor & radiator.

Bathroom/WC approx. ( 2.4m x 1.8m)
White suite comprising of a bath with mixer tap and shower over, low level W.C & housing basin.

Kitchen approx. (3.2m x 2.2m)
Fitted with a range of fitted tops & base with surfaces, single drainer sink unit with one & half bowl & plumbing for washing machine & dishwasher.

Lounge approx. ( 4.3m x 4.3m)
Large room, carpeted floor & radiator.

Outside
Communal gardens.
Parking Available

Energy Efficiency Rating E
Environmental Rating F
Ad hoc viewings


Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Sales Team at:

Eligibility:
To be eligible for this property you must be earning a household income of at least £32,840 with a deposit of £4,750 and live or work in the Wokingham authority area.

Location:
The property is located in Fuchsia Grove in the Borough of Reading. The property is situated within an established residential commuter village of varying type properties, reasonably convenient for usual local amenities/ being approximately 3 miles distant from Reading Town Centre. This property has great transport links being within a few minute drive of J11 of the M4. It has bus stops within walking distance, giving easy access to Reading, Wokingham and Bracknell. Asda & Chalfont Shopping Complex and Loddon Valley Leisure Centre are both within two miles, with The Oracle Shopping Centre a short drive away.

Shared ownership:
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.

Sale Price and Equity
Full market value: £190,000 Monthly net rent: £576.05
Share available: 25% Monthly service charge: £107.34
Share price: £47,500
The rent review is every April. Quoted rental figures are based on the 2019/20 financial year

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Earley 2.3 miles
  • Winnersh Triangle 2.9 miles
  • Focus School - Reading Primary Campus 0.4 miles
  • Shinfield Infant and Nursery School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Earley 2.3 miles
  • Winnersh Triangle 2.9 miles
  • Focus School - Reading Primary Campus 0.4 miles
  • Shinfield Infant and Nursery School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in RG2:

  • £223,277
  • Price decrease

  • -£2,399
  • (-1.063%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £207,357
  • Properties sold

    64

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in RG2 is currently:

£654 pcm

Recent sales nearby

See all recent sales in RG2
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
4th Dec 2019 £47,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Catalyst - Resales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Catalyst - Resales for full details and further information.