1 Bed Flat For Sale
Drake Way, Reading
RG2 0GZ
Added 24 Mar 2025
Property Details
Property Type
Flat
Bedrooms
1
Location
RG2
Description
This bright, spacious one-bedroom apartment is now available in Reading through Shared Ownership.
The property on the first floor comprises an entrance hall, a living room, a fitted modern kitchen, one large bedroom and a bathroom.
Outside, there is allocated parking, communal gardens and bike stores. Perfect for couples or a single person.
Available for £76,000 for 40% share based on the marketing figure of £190,000.
Monthly rent - £459.21
Monthly Service Charge - £140.40
Total Monthly Charge - £599.61 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Reading's town centre, less than 10 minutes away by car. Several amenities are nearby, thanks to a retail centre next to a stadium and supermarkets just a few minutes drive away.
There are also bus stations nearby, which allow to move around by public transport. Road travel is quite convenient, thanks to the M4 being less than 10 minutes away. There are also several natural and green areas nearby, thanks also to the close proximity of River Kennet.
EPC ratingEnergy rating band - C
Environmental impact band - C
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
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.
Location
Nearby Properties
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting So Resi directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Listed by
So Resi
Quick Actions
Mortgage Advice
Get move ready. Fee-Free mortgage advice to help you secure your dream home
Compare rates from leading UK lenders
Expert guidance throughout the process
No obligation, completely free service
Check broadband on this home
See the speeds and deals available for RG2 0GZ