Engineers Court
Whitley Wood Lane, Reading
Shared ownership
Live from space album cover

In residential area with good access to transport links...

Register interest

from £0 with min. deposit £0
Overview

Second floor one bedroom flat in good condition available for shared ownership. This property comprises one double bedroom, open plan lounge to kitchen, bathroom with 3 piece suite with shower over bath, hallway with cupboard, includes allocated parking space and development grounds. This property is on offer by SO Resi. In residential area with good access to transport links

Full Description

A one bedroom second floor flat located in Reading available through Shared Ownership Scheme

Available for £87,500 for 50% share based on the marketing figure of £175,000

SO Resi Monthly Payment - £246.96
Monthly Service Charge - £101.19
Total Monthly Charge - £348.15 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property details:

Hallway:

Kitchen:
Modern fitted kitchen

2.56 x 2.72

Lounge:
4.59 x 6.1

Bathroom:
3 piece suite with shower over the bath

Bedroom 1:
2.96 x 3.78 plus 2.63 x 0.71

External:

Allocated parking

EPC Rating

Energy Rating Band - B
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

FAQ’s
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
Read more on the Shared Ownership FAQ
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify.
Read more about eligibility in the FAQ
Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you
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