Flat for sale in Engineers Court, Reading, Berkshire RG2

Cosy, bright & spacious two-bedroom apartment now available in Reading through Shared Ownership.

The property comprises a wide living room with an open-plan fitted kitchen, large storage rooms, a hall and two large bedrooms. This could be ideal for a small family.

The flat is on the second floor and it has allocated parking space and a shared garden area.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £84,000 for 35% share based on the marketing figure of £240,000.

Monthly rent - £393.07
Monthly Service Charge - £218.71
Total Monthly Charge - £611.78 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

The property sits in Whitley, in a tranquil residential area south of Reading. It's close to the town centre, about half an hour away via a direct bus, and to the University of Reading, at a similar distance.

Road travel is also convenient, thanks to the M4 and the A33, just a 5-minute drive away.

All amenities are nearby, with more pubs, restaurants and shops in Reading and in the Reading Gate Retail Park, less than a mile away and within walking distance.

There are also several schools in the area, many of which are within walking distance.

Plenty of parks and green areas can be found in the surroundings, thanks to the many lakes and the Fobney Island Nature Reserves.

EPC rating

Energy rating band - C
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.