£105,800
1 bed flat for sale
Collins Drive, Reading, Berkshire RG6Shared ownership
Leasehold
1 bed
Key information
Tenure
Leasehold (90 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
One-bedroom apartment
Modern building (2015)
Covered parking
Great travel links
Available for 46% share
5% minimum deposit only
Modern, eco-friendly, traditional mason-inspired one-bed apartment now available in Earley Reading through Shared Ownership.
The property was built in 2015 and comprises a hallway with a storage room, a spacious sitting room, a modern well laid-out fitted kitchen and a bathroom. This could be ideal for a couple or a single person.
Outside there is an allocated parking carport available.
Key Information Document
Available for £105,800 for 46% share based on the marketing figure of £230,000.
Monthly rent - £212.70
Monthly Service Charge - £193.87
Total Monthly Charge - £406.57 plus mortgage required for 46% share.
An annual rent increase takes place every April
Location
The property is situated in a traditional residential area and surrounded by similar apartment blocks. All the necessary amenities are available nearby and Reading's city centre can be reached just within a 10-minute drive.
Moreover, there is a nature reserve located just around the corner from the development, and a large supermarket is just a 10-minute walk away, along with other shops and quick-bite eateries.
EPC rating
Energy rating band - B
Environmental impact band - B
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.
More information
Listed by
SO Resi - Resale