Summary - 25 BEATTY RISE SPENCERS WOOD READING RG7 1FQ
2 bed 1 bath Flat
Accessible Shared Ownership two-bedroom in a well-connected village location..
Bright first-floor two-bedroom apartment, well presented
Available as 75% Shared Ownership; 5% minimum deposit on share
Allocated off-street parking and communal grounds
Separate modern kitchen; EPC rating B (energy efficient)
Monthly cost approx £346.81 (rent plus service charge), plus mortgage
Annual rent increase every April — budget for rises
Leasehold with 971 years remaining; service charge c. £1,560.72/year
One bathroom and 654 sq ft — modest size for growing families
This bright two-bedroom first-floor apartment is offered via Shared Ownership, making it an accessible route onto the property ladder in a very affluent village setting. The living space is well presented with a separate modern kitchen, two bedrooms and a single family bathroom — suited for couples or a small family. EPC B and modern double glazing give reasonable running costs.
Outside there is allocated off-street parking and maintained communal grounds. The development is well connected: local buses within a 3–5 minute walk and rail links to Mortimer, Earley and Reading town within easy reach. Nearby schools and local amenities support family life in this achieving neighbourhood.
Purchasing on a 75% share reduces the upfront price and requires a minimum 5% deposit on the share. Expect monthly housing costs of about £347 (rent £216.75 plus service charge £130.06) in addition to any mortgage payments. Note the rent increases annually every April.
Important practical points: the property is leasehold with a long remaining term (971 years) and a service charge of approximately £1,560.72 per year. There is only one bathroom and the flat is average-sized at about 654 sq ft, so buyers seeking larger family accommodation may find it limiting.
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