£85,500

1 bed flat for sale
Chatham Street, Reading RG1

    • 1 bed

    • 1 bath

    • 1 reception

  • Shared ownership
  • Leasehold

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Walmsley Estate Agency

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About this property

  • First Floor Apartment

  • Choice of stylish 1,2 and 3 bedroom apartments with modern layouts

  • Private Terrace

  • A rare find in the town centre

  • Centrally located in Reading, with shops, restaurants, gyms and nightlife all close by

  • Direct trains to London Paddington in under 30 minutes from Reading station

  • Easy access to the M4, linking you quickly to Heathrow, Bristol and the wider South East

  • Length of lease: 990 years.

  • Option to purchase up to 100% share over time

  • Enquire further about your affordability to become a homeowner

**Shared Ownership**
Own a home in Reading town centre from £85,500 with a deposit from just £4,275 based on a 30% share*

Plot 19 is a contemporary one-bedroom apartment located on the first floor at Chatham Heights, offering open-plan living, a modern fitted kitchen with integrated appliances, stylish bathroom suite and private balcony. Designed for modern living, this home provides an affordable opportunity to step onto the property ladder in a sought-after town centre location.

Chatham Heights is an exciting collection of Shared Ownership homes in the heart of Reading, with a range of one, two and three-bedroom apartments available. Shares are available from 10% to 75%, subject to affordability, with the opportunity to increase your share over time up to full ownership. Selected 2 & 3 bed plots are also available with allocated parking.

Perfectly positioned for town centre living, Chatham Heights places you moments from Reading station, riverside walks and the wide range of shops, restaurants, cafés and leisure facilities Reading has to offer. With direct rail services to London Paddington in under 30 minutes and excellent road connections via the M4, the development combines convenience with excellent connectivity for commuters and local residents alike.
Pricing & affordability


Full market value: £285,000

10% share price: £28,500 (rent £587.81 pcm)

25% share price: £71,250 (rent £489.84 pcm)

50% share price: £142,500 (rent £326.56 pcm)

Minimum 5% mortgage deposit (based on a 30% share): £4,275

Approximate service charges: £104.47 pcm*

Shared Ownership lease: 990 years

Council Tax Band: New build, tbc

Reservation fee: £500

Disclaimer

*Service charges are estimated, reviewed once a year and are subject to change.
**Other shares are available and are subject to affordability assessment and eligibility criteria. Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

Kitchen (2.03m x 3.71m (6'8 x 12'2))

Living/Dining Room (3.25m x 6.17m (10'8 x 20'3))

Bedroom 1 (2.82m x 5.03m (9'3 x 16'6 ))

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More information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £1,236 per year

  • Council tax band

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    30%

  • Shared ownership rent

    £457 per month

See all recent sales in RG1

Property descriptions and related information displayed on this page are marketing materials provided by - Walmsley Estate Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Walmsley Estate Agency for full details and further information.