Accessible shared-ownership near M4 with parking and long lease.
- Top-floor one-bedroom apartment, approximately 506 sq ft
- 35% shared ownership; staircasing available to buy more
- Leasehold with c.106 years remaining
- Allocated off-street parking included
- Electric storage heaters; higher heating costs likely
- Very low local crime; excellent mobile and fast broadband
- 0.5 miles to M4 J11, 3.5 miles to Reading town centre
- Compact layout; suited to single occupant or couple
Bright top-floor apartment in Three Mile Cross offering a straightforward entry onto the housing ladder. The well-presented open-plan living area and allocated off-street parking give practical everyday comfort, while the 106-year lease and 35% shared ownership make the purchase accessible for first-time buyers. Fast broadband, excellent mobile signal and very low local crime add to the convenience.
This apartment is compact at about 506 sq ft with one bedroom and an attic-style feel from the buildings roofline. Heating is by electric storage heaters; buyers should factor expected running costs for electric heating compared with gas alternatives. The property is leasehold and part of a shared-ownership scheme, with staircasing available to increase the share over time.
Location is a clear strength: 0.5 miles from M4 junction 11, around 3.5 miles to Reading town centre and only moments from local shops and amenities. The neighbourhood is a comfortable, affluent suburbia popular with white-collar professionals and families. Schools nearby include both independent and state options, though some local state schools are graded as "requires improvement."
Overall this is a sensible, low-risk option for a first-time buyer or investor seeking an affordable foothold near Reading. Be aware of the leasehold/shared-ownership nature, the electric storage heating, and the apartments modest internal size when considering suitability and future costs.
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