1 bed flat for sale
Fuchsia Grove, Shinfield, Reading RG2
- Shared ownership
£47,500
(£77/sq. ft)
Property Listing Details
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Property details
Features
- Communal garden
- Off street parking
Listing view statistics
Last 30 days: 224 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
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
Up to 80 Mbps (Source: Ofcom)
Links for this property
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
Market stats
Sale activity
Average estimated value for a flat in RG2:
- £214,151
-
Price increase
- £2,431
- (1.148%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£226,794 -
Properties sold
45
Rental opportunities
Looking for an investment? The average rent for a 1 bedroom flat in RG2 is currently:
£594 pcmRecent sales nearby
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375 Elgar Road South
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12th Oct 2020
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Terraced house
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Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £48 p/m
- Water from £19 p/m
- Council tax £110 p/m
- Home insurance Not known
Mortgage calculator
£ per month
How much could I borrow?
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These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.
The Developer
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.
