Residential · Retirement Property · Leasehold

A Vacant First Floor Two Bedroom Retirement Flat

Flat 11 Priory Court, 1 Priory Avenue, Caversham, Reading, Berkshire, RG4 7SN

Property type
Retirement Property
Tenure
Leasehold

Description

A Vacant First Floor Two Bedroom Retirement Flat The property comprises a first floor two bedroom flat situated within a detached building arranged over ground and two upper floors. Tenure: Leasehold. The property is held on a 125 year lease from July 1999 (thus approximately 100 years unexpired). Service charge - £3,475 per annum Ground rent - £385 per annum Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Christchurch Meadows are within easy reach. Transport links are provided by Reading Crossrail station (Elizabeth line) and Reading rail station. Accommodation: First Floor Reception Room Kitchen Two Bedrooms Study Shower Room Exterior: The property benefits from communal gardens and off street parking Note: To be eligible as a resident you must be aged 55 or over. Please refer to the legal pack for more information on eligibility EPC Rating: B

Financial Tools

Your estimated monthly payment
£375.19/mo
Deposit £22,500 (25%) Loan £67,500 Interest £45,056
Total cost £112,556 Total interest £45,056
Property price£90,000
Deposit25%
£22,500
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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