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Purpose Built 1 Bedroom Flat/Apartment For Sale
Padworth, Berkshire, RG7

Purpose Built 1 Bedroom Flat/Apartment For Sale
Padworth, Berkshire, RG7

£150,000

One bedroom apartment available on Maverick Properties site, Westminster Mews. Available to buy from 25% share.The price advertised represent the full market value of this Shared Ownership* home. You can initially purchase shares from 25% to 75% on the Westminster Mews development. Situated in the…

Key Features

  • One bedroom apartment
  • Fitted carpets and flooring
  • Allocated Parking
  • Central Heating
  • Double Glazed
  • Juliet Balcony
  • Lease granted on 5th July 2019 for 125 years
  • Price Based on 75% Shared Ownership
  • New build

Property Information

One bedroom apartment available on Maverick Properties site, Westminster Mews. Available to buy from 25% share.

The price advertised represent the full market value of this Shared Ownership* home. You can initially purchase shares from 25% to 75% on the Westminster Mews development. Situated in the area of Padworth with great transport links. This select development is located just off the A4 Bath Road between Reading and Newbury, a short drive from junction12 of the M4. Transport links are London Paddington station accessible in less than 40 minutes from Aldermaston railway station. Just 8 miles from Reading town centre, Westminster Mews can be found a stone’s throw from The Kennet & Avon Canal providing the perfect opportunity for country walks or a visit to the local pubs, The Butt Inn and The Spring Inn. Westminster Mews offers the opportunity for shoppers to indulge with all the biggest high street brands. Restaurants, bars, cinemas, live music, comedy and a host of other activities. This one bedroom apartment which offers open plan kitchen/ living area with Juliet Balcony, large double bedroom with plenty of natural light, tiled bathroom and entrance hallway. Pricing and affordability The share options below and based on the full market value of £200,000 25% £50,000- Rent £343.75 pcm 40% £80,000 – Rent £275 pcm 50% £100,000 – Rent £229 pcm 75% £150,000 – Rent £114.6 pcm Plus, you will pay a service charge of approximately £1200 per annum. Shared Ownership* The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up-front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Westminster Mews, you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your hom

Contact the team

Thatcham New Homes Branch

0333 6000 060 standard network rate

Quote Reference: 3278311

Floorplan

Floor Plan
Subject to change

EPC

EPC

Current EPC Rating: C