£192,000 /Sale price

Shared OwnershipThis superb modern home is available to buy from as little as £192,000 with a 40% share!Situated in a quiet and desirable residential area of Calcot, is a well-presented home offering a practical layout and comfortable living spaces, ideal for families, first-time buyers, or investors alike.The ground floor features a welcoming entrance hall leading into a bright and spacious living and dining area, perfect for both relaxing and entertaining. The kitchen is thoughtfully arranged with ample storage and workspace, with convenient access to the rest of the home. The overall layout provides a natural flow between rooms, creating a warm and inviting atmosphere.Upstairs, the property offers three well-proportioned bedrooms, each benefiting from good natural light and flexibility for a variety of uses such as guest accommodation, a home office, or nursery. A family bathroom serves the upper floor, designed with practicality in mind.Externally, the property benefits from a private rear garden, ideal for outdoor dining, gardening, or simply unwinding. The location offers excellent access to local amenities, schools, and transport links, making it a highly convenient place to call home.This is a fantastic opportunity to acquire a comfortable and well-located property in a popular part of Calcot, offering both lifestyle appeal and long-term potential.The property is conveniently located close to a range of local amenities, including supermarkets, shops, and leisure facilities, with Calcot Retail Centre just a short distance away. There are also well-regarded schools nearby, making the area particularly appealing for families. For commuters, the property offers excellent transport links, with easy access to the M4 motorway and regular bus services providing routes into Reading town centre and surrounding areas, where mainline rail connections offer fast services to London Paddington.PRICING & AFFORDABILITYFull Market Value: £480,00040% Share Price: £192,000 (rent £658pcm)Minimum 5% Mortgage Deposit (% share): £9,600Approximate Service Charges: £49.45 pcm* Lease: 121 yearsELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.To be eligible for shared ownership you would need to meet the following criteria:• Your annual household income does not exceed £80,000• You have a deposit of at least 5% of the share value• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.• You are a permanent UK resident or have indefinite right to remain.*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.