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Drake Way, Reading, Berkshire 1 bed apartment for sale
Drake Way, Reading, Berkshire
£68,000
Drake Way, Reading, Berkshire
£68,000
Price History
Initial price | £76,000 |
26/06/25 | £74,000 |
13/09/25 | £68,000 |
Price Change | -10.53% |
Description
This modern one-bedroom apartment is available for shared ownership, with a 40% share available for £68,000, and the remaining 60% owned by a housing association. The property features an entrance hall, bedroom, modern bathroom, spacious reception room with Juliet balcony, and separate kitchen, as well as an allocated parking space. Located in the popular Kennet Island area, the apartment is close to Reading town centre, with its shops, cafes, and restaurants, and has easy access to the M4 and A33. The property also benefits from an extended lease of 972 years. Shared ownership is an affordable way to get on the property ladder, with a mortgage and rent typically less than buying a similar property outright. Eligibility criteria apply, including a maximum annual household income of £80,000 and a minimum 5% deposit.