Plot 50 Chatham Street, Central Reading, Reading, Berkshire, RG1 7JX

£88,500
Leasehold

Flat

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Key Features

Full Description

**Shared Ownership**
Own a home in Reading town centre from £88,500 with a deposit from just £4,425 based on a 30% share*

Plot 50 is a contemporary one-bedroom apartment located on the fourth floor at Chatham Heights, offering a double private terrace, open-plan living, a modern fitted kitchen with integrated appliances, stylish bathroom suite. 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. Selected 2 & 3 bed plots are also available with allocated parking.

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: £295,000

10% share price: £29,500 (rent £608.44 pcm)

25% share price: £73,750 (rent £507.03 pcm)

50% share price: £147,500 (rent £338.02 pcm)

Minimum 5% mortgage deposit (based on a 30% share): £4,425

Approximate service charges: £104.47pcm *

Shared Ownership lease: 990 years

Council Tax Band: new build, TBC

Reservation fee: £500

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Property Features

  • One-bedroom fourth 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.

Property Summary

**Shared Ownership**
Own a home in Reading town centre from £88,500 with a deposit from just £4,425 based on a 30% share*

Plot 50 is a contemporary one-bedroom apartment located on the fourth floor at Chatham Heights, offering a double private terrace, open-plan living, a modern fitted kitchen with integrated appliances, stylish bathroom suite. 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. Selected 2 & 3 bed plots are also available with allocated parking.

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: £295,000

10% share price: £29,500 (rent £608.44 pcm)

25% share price: £73,750 (rent £507.03 pcm)

50% share price: £147,500 (rent £338.02 pcm)

Minimum 5% mortgage deposit (based on a 30% share): £4,425

Approximate service charges: £104.47pcm *

Shared Ownership lease: 990 years

Council Tax Band: new build, TBC

Reservation fee: £500

Full Details

Disclaimer
*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.
**Service charges are estimated, reviewed once a year and are subject to change.

Kitchen 1.91m x 2.90m (6'3 x 9'6)

Living/Dining Room 4.09m x 4.52m (13'5 x 14'10)

Bedroom 1 3.25m x 5.28m (10'8 x 17'4)