3 bed house, Norman Rise

Shared Ownership resale

£198,000

Based on buying a 45% share

Reading, RG7 1YW

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  • 3
  • 2
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Features

  • A local connection to Wokingham is required
  • En-suite in master bedroom with double shower
  • Large driveway and spacious garage
  • Close to local primary school (4 minute walk)

Extra information

Description

Semi-detached home located in the friendly village of Spencers Wood, dual aspect ope-plan Living/dining area with French doors opening up onto a good size private garden with patio area. 

There is a downstairs WC located in separate hallway/entrance hall. Modern Kitchen with space for white goods + ample cupboard space.

Upstairs is a master bedroom with En-suite, 2nd double room + 3rd good sized single room & main bathroom with bath & shower fitting.

Good sized driveway + garage, can hold 3 + cars and located at the end of a small estate with open field located next to it.

Local shops within 5-minute walk, as well as access to woodland & open field bridal paths. There is also access to local bus services within 5-minute walk to Reading in 20 minutes and quick access to Reading Park & Ride.

Monthly cost of ownership

  • Estimated mortgage payment £1,068.01
  • Service charge £52.21
  • Estimated monthly rent £607.15
  • Estimated monthly total £1,727.37

If these figures are blank, the costs may not yet be known. This calculator starts by calculating a 95% mortgage value - based on a 5% deposit requirement, and with a mortgage interest rate of 5.5% over 30 years. Your IFA will talk to you about how interest rates can be fixed, often for two years at a time. The figures and information provided by this tool are for illustration purposes only. Rent and services charges are subject to change and should be confirmed by the sales consultant. Your home may be repossessed if you do not keep up repayments on your mortgage.

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What is Shared Ownership?

Find out what Shared Ownership is, who it's for, and how it works.

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Location


  • A local connection to Wokingham is required

  • Staircasing Restriction - Min 10%

FAQs