£43,000
3 bed flat for saleChatham Heights, Chatham Street, Reading RG1
3 beds
1 bath
1 reception
Added on
About this property
Three-bedroom Third floor apartment with private balcony
Opportunity to purchase up to 100% ownership over time
Direct trains to London Paddington in as little as 23 minutes
Short walk to Reading station
Lift access to all floors
Length of lease: 990 years.
Your own allocated parking space with an electric vehicle charging point
**Shared Ownership**
Own a home in Reading town centre from £43,000 with a deposit from just £2,150 based on a 10% share*
Plot 38 is a contemporary three-bedroom, two-bathroom apartment located on the Third floor at Chatham Heights, offering open-plan living, a modern fitted kitchen with integrated appliances, stylish bathroom suite, a private balcony and an allocated EV parking space. 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.
The property comes with your own allocated parking space. 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: £430,000
10% share price: £43,000 (rent £886.88 pcm)
25% share price: £107,500 (rent £739.06 pcm)
50% share price: £215,000 (rent £492.71 pcm)
Minimum 5% mortgage deposit (based on a 10% share): £2,150
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/Dining/Living Room (3.99m x 8.81m (13'1 x 28'11))
Bedroom 1 (3.18m x 4.17m (10'5 x 13'8))
Bedroom 2 (3.43m x 2.26m (11'3 x 7'5))
Bedroom 3 (3.43m x 2.24m (11'3 x 7'4))
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More information
Tenure
Leasehold (990 years)
Service charge
£1,254 per year
Council tax band
New build
Ground rent
Ground rent date of next review
Shared ownership percentage owned
10%
Shared ownership rent
£887 per month
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