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£60,000

2 bed flat for sale
Monarch Drive, Shinfield, Reading RG2

    • 2 beds

  • Shared ownership
  • Leasehold

Peabody - Resale

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About this property

    Property reference number: 1639740

    Please be advised that this property is currently available for applicants who live or work in the borough of Wokingham. This is a Local Authority nomination requirement to help another buyer on to the property ladder using Shared Ownership.

    Located in the peaceful area of Shinfield, Monarch Drive offers great accessibility with excellent transport links. Earley and Reading Green Park stations are within easy reach, providing quick and direct access to Reading town center, London Paddington, and beyond. The property also benefits from allocated parking, ensuring convenience for residents.

    In terms of local amenities, a short walk will take you to the Shinfield Arms pub, perfect for a relaxed evening out. The nearby Co-Op and Post Office cater to your day-to-day needs, while Crumbs Café, also within walking distance, is ideal for a coffee or a bite to eat. This home combines convenience and comfort, offering everything you need close by.

    Closest stations: Reading Green Park (2.6 miles), Earley (2.2 miles)

    Bus routes nearby: Leopard No3 (Reading & Wokingham)

    Key features:

    - Private communal garden

    - Communal playground

    - Secured bike storage

    - Allocated parking

    Financial information

    Tenure: Leasehold

    Remaining lease term: 81 years

    Annual ground rent amount: £0

    Ground rent review period: Applicable upon final staircasing

    Annual service charge amount: £2,483.28

    Service charge review period: Annually

    Council tax band: C

    *Financial information correct as of 03/04/25

    More information

    • Tenure

      Leasehold (81 years)

    • Service charge

      £207 per month

    • Council tax band

      C

    • Ground rent

      £0

    • Ground rent date of next review

    • Shared ownership percentage owned

      25%

    • Shared ownership rent

      £695 per month

    See all recent sales in RG2

    Property descriptions and related information displayed on this page are marketing materials provided by - Peabody - Resale. 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 Peabody - Resale for full details and further information.