Flat for sale in The Meridian, Reading, Berkshire RG1

Bright & spacious two-bedroom apartment now available in Reading through Shared Ownership.

The property comprises a wide living room, a brand new boiler and open-plan fitted kitchen, and two large bedrooms, one being ensuite and with a Juliette balcony. This could be ideal for a small family or a couple.

All the windows are facing the river and with a fantastic view.

The flat is on the fifth floor; it has allocated parking space and a shared garden area.

Available for £85,500 for 30% share based on the marketing figure of £285,000.

Monthly rent - £795.54
Monthly Service Charge - £214.59
Total Monthly Charge - £1,010.13 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

The property is in a tranquil residential area in Reading's town centre, with all amenities. A shopping centre is just around the corner, while the high street is just minutes away.

The area is also full of nature, thanks to the River Kennet and the parks along the River Thames, such as King's Meadow or around the Thames and Kennet Marina.

Reading also has a railway station, about 15 minutes away, where a train or the Elizabeth Line can lead to London in less than an hour.

The motorways A329(M) and M4 are also quite close to the development.

There are also several schools in the area, many of which are within walking distance.

EPC rating

Energy rating band - C
Environmental impact band - D

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.