The Meridian
Kenavon Drive, Reading
Shared ownership
Live from space album cover

Good access to all amenities in Reading...

Register interest

from £108,000 with min. deposit £5,400
Overview

A second floor flat in good condition in Reading. The accommodation comprises of double glazed window units, wooden flooring, 2 bedrooms, one bedroom with shower en-suite and open plan sitting room and kitchen. Also includes allocated parking space, and bin and bike storage.This property is brought to you by SO Resi.

Available for £108,000 for 40% share based on the marketing figure of £270,000

SO Resi Monthly Payment - £514.23
Monthly Service Charge - £185.10
Total Monthly Charge - £699.33 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Property Details

Hallway

Lounge
Juliette balcony
3.58m x 5.12m + 3.15m x 1.31m

Kitchen
Fitted kitchen
1.88m x 3.58m

Bathroom
3 piece suite with shower over bath

Bedroom 1:
3.84m x 
En-suite shower 
Wardrobe

Bedroom 
3.86m x 2.88m

Outside:
Development grounds
Allocated parking space
Bin and Bike storage

EPC Rating
Energy Rating Band - B
Environmental Impact Rating Band - C

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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