London Street, Reading, RG1

PROPERTY DESCRIPTION
A rare opportunity to purchase a 50% share of an apartment in the centre of Reading. This private development is situated a short walk (0.2 mile) from the Oracle and under half a mile to Reading train station. Featuring a sitting/dining room with Juliet balcony and allocated parking. The rent on the other 50% to Sovereign Network Group is £204.58 PM. https://www.sovereignliving.org.uk/shared-ownership
EPC C.

LOCAL INFORMATION
Central Reading is ideal for commuters and families, with fast non-stop services to London Paddington, easy access to M4 Junctions 11 & 12, and proximity to London Heathrow, just 30 miles away. The town blends historic charm with modern amenities, featuring the Town Hall, Abbey Ruins, and Forbury Gardens, alongside the newly developed Train Station and Oracle Shopping Centre, which offers a vibrant mix of bars, restaurants, and shops. Located between the River Thames and River Kennet, Reading boasts numerous leisure opportunities, including gyms, clubs, and sports teams. Its education options are excellent, with a renowned university, college, and top primary and secondary schools.

ACCOMODATION
Entrance hall, sitting/dining room with Juliet balcony, kitchen, bathroom and two double bedrooms.

OUTSIDE SPACE
Allocated parking for one car and a communal garden.

ADDITIONAL INFORMATION
Mains gas, electric and water.

Rent on the other 50% share is £204.58.

Lease is 165 years remaining.
Ground rent £0
Service charge approx - £1225.08 PA

https://www.sovereignliving.org.uk/shared-ownership

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a non-refundable charge of £78.00 including VAT. This does not increase if there is more than one individual selling. This will be collected in advance by Lifetime Legal as a single payment. Lifetime Legal will then pay Us £26.00 Inc. VAT for the work undertaken by Us.

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate. (Not applicable to the Woodley branch – please contact directly for further information).