Summary - 95 The Meridian, Kenavon Drive RG1 3DP
2 bed 2 bath Apartment
Shared ownership from £75,000 for first-time buyers close to station and town amenities.
Two double bedrooms and two bathrooms, open-plan living kitchen
A modern two-bedroom, two-bath third-floor apartment in Reading town centre offered as shared ownership (30% share from £75,000). The open-plan living/kitchen benefits from contemporary finishes, natural light and efficient electric heating; total floor area is about 731 sq ft, with built-in storage and resident permit off-street parking.
This property is aimed at first-time buyers looking to get on the ladder with lower upfront costs. The remaining lease is a healthy 103 years, and the development was built in the 2003–2006 period. It is a short walk to Reading station, local shops, cinemas and a wide range of amenities, which makes commuting and town-centre living straightforward.
Important practical points: the home is sold as shared ownership with a 30% purchase option (example share price £75,000) and an indicated rent of £771.73pcm on the unsold share. Service charges are approximately £230.26pcm (averaging £2,763.12 annually). The neighbourhood is described as an inner-city, multicultural student area and has a higher recorded crime level; buyers should factor potential noise, footfall and security considerations into their plans.
Suitable for buyers who value affordability and town-centre convenience, this apartment offers an accessible route into homeownership. It does require acceptance of ongoing costs (rent and service charge) and the realities of an urban, busy location; a straightforward, modern home rather than a quiet suburban retreat.
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