Flat for sale in Collins Drive, Reading, Berkshire RG6

Modern, eco-friendly, traditional mason-inspired one-bedroom apartment now available in Earley, Reading, through Shared Ownership.

The property comprises a living room with an open-plan modern fitted kitchen, a hallway with a storage room and a bathroom. This could be ideal for a couple or a single person.

The flat was built in 2015 and is on the first floor. It also benefits from a garage for a car.

Available for £121,000 for 55% share based on the marketing figure of £220,000.

Monthly rent - £177.25
Monthly Service Charge - £193.87
Total Monthly Charge - £371.12 plus mortgage required for 55% 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

Layout and dimensions

Gross internal floor area: 48 m2
Living room & kitchen: 5.74 x 3.89 m
Bedroom: 4.34 x 2.59 m
Hallway: 4.27 x 3.02 m

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.