Summary - FLAT 6, THORNEY HOUSE, DRAKE WAY RG2 0GZ
1 bed 1 bath Apartment
Shared ownership to help first-time buyers secure a long-lease home close to transport.
One-bedroom first-floor apartment, approximately 504 sq ft
This well-presented first-floor one-bedroom flat offers a compact, efficient layout ideal for a single buyer or couple taking their first step on the housing ladder. The apartment benefits from a bright open-plan living and kitchen area, a generous double bedroom and contemporary bathroom, with neutral finishes throughout for immediate move-in.
Shared ownership and a long lease (972 years remaining) make this a lower-cost route into property ownership while keeping long-term security. Residents’ off-street parking and fast broadband add everyday convenience, and the location provides strong transport links to Reading town centre, Green Park and Reading Station for easy commuting.
Buyers should note the property is leasehold with an approximate annual service charge of £2,053.80 (circa £171.15pcm) and council tax banding is not specified. The wider area records higher crime and local deprivation indicators, which may influence future resale or rental demand despite nearby amenities and schools.
Overall this apartment is a practical, low-maintenance starter home for first-time buyers seeking affordability and connectivity. It rewards buyers who prioritise convenience and long lease security, while those seeking quieter or higher‑status neighbourhoods should consider the local area statistics and service charge commitments carefully.
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