£121,500
2 bed semi-detached house for salePrincess Marina Drive, Reading, Berkshire RG2
2 beds
Just added
Shared ownership
Leasehold
About this property
Two bed semi detached
Modern kitchen
Rear garden
Allocated parking x2
Available for 30% share
5% minimum deposit only
This bright and charming two bedroom semi detached house is now available in Arborfield Green, Reading, through Shared Ownership.
The property boasts of a spacious living room with a open plan kitchen and a WC on the ground floor. On the first floor, there is are two double bedrooms and a bathroom. Additionally, there is a spacious loft, with an integrated ladder, this space can be used as extra storage.
Outside, there is a rear garden and allocated parking for two vehicles. Perfect for couples and small families.
Available for £121,500 for 30% share based on the marketing figure of £405,000.
Monthly rent - £771.45
Monthly Service Charge - £83.82
Total Monthly Charge - £855.27 plus mortgage required for 30% 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 property is located in a residential area of Reading, offering a quiet setting with strong local amenities. Everyday conveniences such as local supermarkets, cafés, independent shops and a community centre are within a 5–10 minute walk or short cycle. The area is well served by green spaces, walking trails and recreational grounds, with gyms and sports facilities close by. Healthcare services including gp surgeries, dental practices and pharmacies are easily accessible within the local community or a short drive into central Reading.
Transport connections are excellent for commuters. Regular bus services link the area to Reading town centre in approximately 20–30 minutes, where mainline rail services provide fast journeys into central London in around 25 minutes. Road links via the nearby A33 and M4 offer straightforward access to London, the Thames Valley and surrounding towns.
EPC rating
Energy rating band - B
Environmental rating band - B
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.
The property boasts of a spacious living room with a open plan kitchen and a WC on the ground floor. On the first floor, there is are two double bedrooms and a bathroom. Additionally, there is a spacious loft, with an integrated ladder, this space can be used as extra storage.
Outside, there is a rear garden and allocated parking for two vehicles. Perfect for couples and small families.
Available for £121,500 for 30% share based on the marketing figure of £405,000.
Monthly rent - £771.45
Monthly Service Charge - £83.82
Total Monthly Charge - £855.27 plus mortgage required for 30% 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 property is located in a residential area of Reading, offering a quiet setting with strong local amenities. Everyday conveniences such as local supermarkets, cafés, independent shops and a community centre are within a 5–10 minute walk or short cycle. The area is well served by green spaces, walking trails and recreational grounds, with gyms and sports facilities close by. Healthcare services including gp surgeries, dental practices and pharmacies are easily accessible within the local community or a short drive into central Reading.
Transport connections are excellent for commuters. Regular bus services link the area to Reading town centre in approximately 20–30 minutes, where mainline rail services provide fast journeys into central London in around 25 minutes. Road links via the nearby A33 and M4 offer straightforward access to London, the Thames Valley and surrounding towns.
EPC rating
Energy rating band - B
Environmental rating band - B
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.
Mortgage calculator
Monthly repayment
£607 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
30%



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