1 bedroom apartment for sale

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1 bedroom apartment for sale

Caversham Road, Reading, RG1
£60,000

Price History

Initial price £65,000
19/10/24 £60,000
Price Change -7.69%

Description

This one-bedroom, second-floor apartment is being sold through the shared ownership scheme, a government-backed program designed to help first-time buyers get on the property ladder. The property is located close to Reading town centre and main line train station, offering easy access to London Paddington. The apartment features a video phone entry system, fitted wardrobes, and a communal garden for residents to enjoy. The asking price is £65,000, representing a 35% share of the full market value of £180,000. The monthly rent and service charges are £332.63 and £125.66, respectively, and are reviewed annually. The lease ends in 2106, and there is no review period for ground rent and service charges. This is a great opportunity for first-time buyers to get a foot on the property ladder with a lower upfront cost.