£107,500

2 bed flat for sale in Beatty Rise, Spencers Wood, Reading, Berkshire, RG7 (ref:582938)

Shortlist

Key Features

  • 50% Shared Ownership
  • Monthly service charge of £146
  • 82 years remaining on lease
  • 50% rental monthly charge of £437
  • Two spacious double bedrooms, with bedroom one having fitted wardrobes
  • Open plan living/ dining room with a juliet balcony overlooking fields
  • Allocated parking included and additional visitor bays accessible
  • Communal gardens and a private locked storage shed
  • Located south of M4
  • Amenities within walking distance

Video

Beautifully presented modernised first floor two double bedroom apartment in Spencers Wood, with communal gardens and additional outside storage.
Information on share-
The total monthly charges payable to So Resi as follows:
Monthly service charge- £146
50% rental monthly charge- £437
*Monthly payable amount £583
To be eligible for shared ownership, your combined annual household income (before tax) has to be under £80,000.

Sellers view-

Spencers Wood is an area I grew up in. So when I first viewed this property over 5 years ago now, I knew it was perfect for me. The location is great. Only a short drive to Reading, where you can reach London Paddington by train in 30 mins. You’ve also got the new Green Park train station, and the park and ride bus service nearby which are both great for commuting. Wokingham, Winnersh and Basingstoke are also not far away, so plenty of opportunities to go exploring. But the rural location of the flat, is a great sanctuary to come home to and relax after a long days work. The property overlooks a field where horses roam, which adds to the countryside feel. There’s plenty of local routes to go for a nice evening walk/run also. Or if you prefer, a few pubs within walking distance. The added external individual storage is a bonus as you don’t often get this with a flat. Having decorated most of the rooms, including re tiling the bathroom, it really does feel like home. After 5 years living here, I will be sad to leave and I really hope the next owner(s) love it as much as I do.

Agent view-

A really great opportunity for those first time buyers and investors. When I first saw this apartment, I was shocked by how the sellers have enhanced every room to optimise the space and have added some really cool details. The two double bedrooms are flooded with light and give a real sense of space. Bedroom one is also inclusive of a built in wardrobe, plus there is plenty of space for additional storage. The bathroom is newly updated and is very on trend with grey detailed tiles and of course, is incredibly spacious, which was to be expected. The open plan living/ dining is perfect. With Juliette balconies opening onto a sea of green fields, bang in the middle of the room, it really doesn't feel like you are compromising on anything in this apartment. This really ticks so many boxes and still has so much potential.

Area view-

Located just south of the M4, Spencers Wood enjoys many rural benefits but with excellent connectivity and amenities nearby. With many green spaces nearby including Langley Mead with over 18 hectares of countryside along the banks of the River Loddon, it's a great space for all to enjoy. Dobbies Garden centre is a short walk away which also has Sainsbury's for all your daily essentials. The 8 & 9 bus route runs directly outside the property offering affordable access into Reading in 30 minutes.

Stamp duty due

Based on a sale price of £107,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

2 bed flat for sale in Beatty Rise, Reading 0

Media image 00

2 bed flat for sale in Beatty Rise, Reading 1

Media image 01

2 bed flat for sale in Beatty Rise, Reading 2

Media image 02

2 bed flat for sale in Beatty Rise, Reading 3

Media image 03

2 bed flat for sale in Beatty Rise, Reading 4

Media image 04

2 bed flat for sale in Beatty Rise, Reading 5

Media image 05

2 bed flat for sale in Beatty Rise, Reading 6

Media image 06

2 bed flat for sale in Beatty Rise, Reading 7

Media image 07

2 bed flat for sale in Beatty Rise, Reading 8

Media image 08

2 bed flat for sale in Beatty Rise, Reading 9

Media image 09

2 bed flat for sale in Beatty Rise, Reading 10

Media image 10

2 bed flat for sale in Beatty Rise, Reading 11

Media image 11

2 bed flat for sale in Beatty Rise, Reading 12

Media image 12

2 bed flat for sale in Beatty Rise, Reading 13

Media image 13

2 bed flat for sale in Beatty Rise, Reading 14

Media image 14

2 bed flat for sale in Beatty Rise, Reading 15

Media image 15

2 bed flat for sale in Beatty Rise, Reading 16

Media image 16

2 bed flat for sale in Beatty Rise, Reading 17

Media image 17

Further Details

  • Status: Available
  • Tenure: Leasehold
  • Tags: Balcony, Garden, Open Plan, Parking and/or Driveway, Shed / Garden Room
  • Reference: 582938

Location