2 bedroom flat for sale

Basingstoke Road, Reading, Berkshire, RG2

Under Offer £80,500

Property Description

Key features

  • *80,500 for a 35% share*
  • 35% share available under the Shared ownership scheme
  • Viewing is highly recommended
  • Excellent starter home
  • Communal gardens
  • Allocated parking space and bicycle storage
  • Walking distance to public transport and Reading train station
  • Easy access to the M4 and M25 which serves both London and the Essex coast

Full description

Tenure: Leasehold

***Please quote AVE427 when enquiring.***

- Introduction -
Step onto the property ladder with this 2-bed flat. Ideally located within a residential area in the heart and soul of Reading. In the immediate area you will find a parade of shops, bus and rail services. Could this be your perfect starter home?

- What the owners say -
"This is a delightful 2 double bedroom apartment, lovely neighbours with good links to the station and Motorway. We have lived here for 15 years and now want a bigger place."

- Full Description -
- Entrance hall with a storage cupboard and telephone entry system providing security and peace of mind.
- Living room (4.35m x 4.46m) has a window to the front aspect.
- Kitchen with matching wall and base units, stainless steel extractor fan and splash back. Electric hob and cooker and a window to the front aspect
- Master bedroom (4.35m x 2.70m) and second bedroom (2.68m x 3.26m) with windows to the side aspect.
- Bathroom has a bath with overhead shower and WC.
- Laminate flooring is fitted throughout all living areas and the bathroom is laid to tile.
- Well maintained communal grounds.
- Allocated parking space and bicycle storage.

- Costs -
2-BEDROOM FLAT (SECOND FLOOR)
PRICE - £80,500*
RENT - £366.89pm
SERVICE CHARGE - £110.07pm**
*This represents a 35% share of the full open market value of £230,000
**This includes: Sinking fund, service charge, management charge and building insurance. Rent and service charges are reviewed annually.

- Eligibility Requirements -
The minimum household income requirement for this property is £25,880^.
If you will be obtaining a mortgage you will need at least £4,025 in savings (i.e. a 5% deposit).

Please note that we work with a third party, Share to Buy to determine whether a property is affordable to an applicant. We will share further details about this process should you wish to proceed with an application after you have viewed the property. You will be required to complete their agreement in principle application and submit supporting documents.

In order to apply you must be registered with the local Help to Buy Agent - South, https://www.helptobuysouth.co.uk/how-to-apply.asp. You will need to provide your HTB reference when completing the application process.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

- General Information -
Tenure: Leasehold
Lease: 99 years from 1st December 2003
Years remaining on lease: 83 approx.
Approximate internal area: 64 sq. m.
Local Authority: Reading Borough Council
Council Tax Band: C
EPC Rating: C (78)

- Terms and Conditions -
***Applicants must have a local connection to Reading. Priority is given to those registered with Help to Buy South and first time buyers.***

- Viewings -
Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
29 March 2019

Nearest stations

  • Reading (1.3 mi)
  • Reading West (1.5 mi)
  • Earley (2.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Reading (1.3 mi)
  • Reading West (1.5 mi)
  • Earley (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference AVE427. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Group, Re-Sales, Farringdon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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