£106,250
1 bed flat for sale
Caribou Walk, Three Mile Cross, Reading RG7Leasehold
1 bed
Key information
Tenure
Leasehold (89 years)
Service charge
£194 per month
Council tax band
B
Ground rent
£150
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£140 per month
About this property
Property Reference Number: 1639416
This spacious 1-bedroom open-plan apartment on the second floor has its own car parking space, as well as access to a communal garden and secure bike storage.
The property is surrounded by green open space for rural walks. Reading town centre is only a 15-minute drive away with a range of supermarkets, shopping destinations and a good selection of charming cafes pubs and restaurants.
Reading train station is also just a 15-minute drive away, servicing the Elizabeth Line, South Western Railway, gwr, and Cross Country trains to London and beyond.
- Nearest stations: Reading
- Bus routes nearby: 600,6 Emerald
Key features:
- Car parking space
- Integrated kitchen appliances
- Secure bike storage
- Central heating
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form
.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 88 years
- Annual ground rent amount: N/A
- Ground rent review period: N/A
- Annual service charge amount: £2,329.92
- Service charge review period: Annually
- Council tax band: B
*Financial information correct as of 31.07.24
More information
Listed by
Peabody - Resale