2 bed flat for sale

Norwood Road, Reading, Berkshire RG1

This bright two-bedroom apartment is now available in Reading through Shared Ownership.

The property on the second floor comprises an entrance hall with a storage cupboard, a living room, a separate fitted kitchen, two bedrooms and a bathroom.

Outside, there is allocated parking. Perfect for couples and small families.

Available for £157,500 for 75% share based on the marketing figure of £210,000.

Monthly rent - £234.75
Monthly Service Charge - £143.36
Total Monthly Charge - £378.11 plus mortgage required for 75% 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

The flat is situated approximately. 0.8 miles east of Reading town centre and benefits from close proximity to the A3290. There are 8 schools within 0.5 miles. Which is perfect for families with young children. The nearest train station is Reading (1 miles).

EPC rating

Energy rating band - C

Energy rating band - C

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

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.