1 bed flat for sale

Thorney House, Reading, Berkshire RG2

This bright, spacious one-bedroom apartment is now available in Reading through Shared Ownership.

The property on the first floor comprises an entrance hall, a living room, a fitted modern kitchen, one large bedroom and a bathroom.

Outside, there is allocated parking, communal gardens and bike stores. Perfect for couples or a single person.

Available for £76,000 for 40% share based on the marketing figure of £190,000.

Monthly rent - £473.88
Monthly Service Charge - £171.15
Total Monthly Charge - £645.03 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The property sits in a tranquil residential area and is close to Reading's town centre, less than 10 minutes away by car. Several amenities are nearby, thanks to a retail centre next to a stadium and supermarkets just a few minutes drive away.

There are also bus stations nearby, which allow to move around by public transport. Road travel is quite convenient, thanks to the M4 being less than 10 minutes away. There are also several natural and green areas nearby, thanks also to the close proximity of River Kennet.

EPC rating

Energy rating band - C
Environmental impact band - C

Other information

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

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.