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£450,000

Benham Lane, Riseley, Reading, Berkshire, RG7

  • 2 beds
Bungalow

£450,000

  • 2 beds
Bungalow
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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This well presented home is located within the village of Riseley approximately 6 miles from Reading Town Centre. Locally the villages of Swallowfield and Riseley provide many amenities which include local pubs, A doctors Surgery, Tea Rooms, Post office, Shop and Bus Routes. Wellington Country Park is also within 1 mile of the property. All buyers must be 45 years or older and adhere to the site rules which can be supplied upon request Buyers are advised that when selling this property in the future there is currently a charge for selling by the managing agents of the development of 10% of the sale price. Commonhold (Source: https://www.gov.uk/guidance/commonhold-property#overview) Commonhold provides freehold home ownership for flats or other interdependent buildings. Commonhold structures are widely used around the world First introduced in England in 2002, commonhold is an alternative to leasehold ownership of flats, and other properties that share communal areas or services. Instead of owning property as a leasehold for a fixed period of time, with commonhold you own your property as a freehold indefinitely. New homes can currently be sold as commonhold, and existing leaseholders can convert to commonhold if they are able to meet certain criteria. With commonhold, you and other owners have a say in how your building/Development is managed, including the costs and responsibilities that come with this.

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£2,054 per month
Your repayment term
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Stamp Duty tax
These figures are estimates and are provided for guidance only
£1,250
Mortgage and legal costs:
£999
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