2 bed terraced house for sale

Longships Way, Reading, Berkshire RG2

Bright and well-presented two bedroom end-of-terrace house now available in Reading through Shared Ownership.

The property on the ground floor comprises an entrance hallway, a cloakroom with WC, a separate kitchen, and a lounge/dining room leading to the garden. On the first floor, there are two bedrooms and a bathroom. Perfect for couples or small families.

Outside, the property benefits from a private rear garden and off-road parking for two cars.

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

Available for £135,000 for 40% share based on the marketing figure of £337,500.

Monthly rent - £569.77
Monthly Service Charge - £109.13
Total Monthly Charge - £678.90 plus mortgage required for 40% 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 benefits from excellent transport links, with Junction 11 of the M4 and the A33 providing easy access to Reading, London and beyond. Reading Green Park Station is within walking distance, offering quick connections to Reading Station, where mainline rail services and the Elizabeth Line provide direct routes into London. Frequent bus services and nearby Park & Ride facilities further enhance connectivity.

Residents enjoy the convenience of local amenities within the popular Kennet Island development, including a Tesco Express, cafés, a gym and a central piazza. For shopping and leisure, the A33 retail corridor offers major retailers such as Costco, Morrisons and Currys, while Reading town centre is just a short drive away, with The Oracle shopping centre, restaurants and entertainment venues.

EPC rating

Energy rating band - C

Environmental impact 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.