1 bed flat for sale

Carraway Street, Reading RG1

** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing **

Shared Ownership

Full Market Value: £325,000

Share Value (40%): £130,000

Monthly Rent: £509.10

Service Charge: £247.69

Council Tax Band: C

990 year lease commenced January 2021 - 985 years remaining

EWS1 Certification is available for this property - A1 Rating

Enter this well presented one bedroom, seventh floor apartment via a spacious hallway with large storage cupboard housing plumbing for your washing machine. The dual aspect open plan living area features a modern grey kitchen with fully integrated appliances. A good sized double bedroom, opening onto a private balcony, and a contemporary family bathroom complete the accommodation. There is also an allocated parking space.

With a café, restaurant, local store, and gym, as well as beautifully landscaped gardens to complement the riverside setting, Huntley Wharf will become an extension of the town centre. Follow the River Kennet to the town centre to find a host of shops, restaurants, bars and nightlife, all less than a mile away.

Reading's location in the Thames Valley, with its proximity to London, means the town plays a key role in the UK's transport system and attracts many commuters. Benefit from National Rail services into London Paddington in 25 minutes* and local services on the Elizabeth Line from Reading Central train station, and to other UK cities such as Bristol, Cardiff, Exeter, Birmingham and Southampton Central. The M4 connects Reading to Heathrow Airport and the rest of London, whilst other nearby towns and cities such as Oxford, Slough, Newbury and Guildford are easily accessible by road or rail.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £53,106. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of June 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.