2 bed flat for sale

Fender House, Reading, Berkshire RG2

This bright and modern two bedroom apartment is now available in Reading through Shared Ownership.

The property on the ground floor comprises a communal entrance lobby with a staircase to the apartment on the second floor. This comprises a private entrance hall, a utility cupboard, an open plan kitchen/living room and dining area, a bathroom and two bedrooms (one ensuite). Perfect for couples or small families.

Outside, the property also benefits from a private balcony, an allocated parking space, and communal areas.

Available for £75,000 for 25% share based on the marketing figure of £300,000.

Monthly rent - £599.28
Monthly Service Charge - £177.67
Total Monthly Charge - £776.95 plus mortgage required for 25% 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 situated within a modern residential development offering a pleasant community setting.

Transport links are conveniently close by, with the nearest bus stop just a 3-minute walk away and easy access to the A327. Reading town centre and Reading train station are approximately 20 minutes away by car, offering a wide range of shopping, dining, and entertainment options, including major retail centres, restaurants, and cafés.

Everyday amenities are within easy reach, including local supermarkets just a 2-4 minute drive away and a café only a 1-minute walk from the property.

The area also benefits from several open green spaces including lakeside views and children's playgrounds, offering plenty of opportunities for recreation and relaxation.

In addition, there are several schools within a 7-minute drive, making the area well suited to families with young children.

EPC rating

Energy rating band - C

Environmental impact band - C

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.