£105,000
1 bed flat for saleKennett Street, Reading, Berkshire RG1
1 bed
Shared ownership
Chain free
Leasehold
About this property
One-bedroom apartment
No onward chain
Lift access to apartment
Lease length 990
Lease length 990
Available for 100% ownership
Available for 50% share
5% minimum deposit only
A well-presented, modern fourth-floor 1-bedroom apartment is now available in Reading, through Shared Ownership.
The property comprises entrance hallway, lounge with open plan kitchen, bathroom with integral bath/shower and a good sized bedroom. This could be ideal for individuals or couples.
The service charge includes the water bills.
No onward chain with this property.
The property is also available at full price (100% Ownership).
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £105,000 for 50% share based on the marketing figure of £210,000.
Monthly rent - £388.50
Monthly Service Charge - £292.32
Total Monthly Charge - £680.82 plus mortgage required for 50% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Location
Located in the centre of Reading, this apartment offers prime riverside setting with amenities close by and great transport links. The apartment is ideally positioned within walking distance of Reading station which provides fast and frequent services to London Paddington in under 30 minutes. There is also easy access to the M4 motorway for commuters.
Close by is The Oracle Shopping Centre, home to a wide range of retail stores, restaurants and cafes and a cinema. The surrounding area also features several gyms, supermarkets and local services for easy living.
Nature lovers will appreciate the proximity to the River Kennet, which runs behind the property, offering tranquil waterside walks and scenic views. Forbury Gardens and Christchurch Meadows are also close by, providing green open spaces perfect for relaxation, jogging or picnics along the Thames Path.
EPC rating
Energy rating band - D
Environmental impact band - C
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.
The property comprises entrance hallway, lounge with open plan kitchen, bathroom with integral bath/shower and a good sized bedroom. This could be ideal for individuals or couples.
The service charge includes the water bills.
No onward chain with this property.
The property is also available at full price (100% Ownership).
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £105,000 for 50% share based on the marketing figure of £210,000.
Monthly rent - £388.50
Monthly Service Charge - £292.32
Total Monthly Charge - £680.82 plus mortgage required for 50% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Location
Located in the centre of Reading, this apartment offers prime riverside setting with amenities close by and great transport links. The apartment is ideally positioned within walking distance of Reading station which provides fast and frequent services to London Paddington in under 30 minutes. There is also easy access to the M4 motorway for commuters.
Close by is The Oracle Shopping Centre, home to a wide range of retail stores, restaurants and cafes and a cinema. The surrounding area also features several gyms, supermarkets and local services for easy living.
Nature lovers will appreciate the proximity to the River Kennet, which runs behind the property, offering tranquil waterside walks and scenic views. Forbury Gardens and Christchurch Meadows are also close by, providing green open spaces perfect for relaxation, jogging or picnics along the Thames Path.
EPC rating
Energy rating band - D
Environmental impact band - C
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.
Mortgage calculator
Monthly repayment
£525 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (971 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
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