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  • Location

    Caribou Walk, Three Mile Cross, Reading, RG7 1WR

  • Buying options

    Shared Ownership

  • Full value

    £215,000

  • Share value

    (55%) £118,250

  • Bedrooms

    1

Property reference number: 1639734

Situated in the sought-after community of Three Mile Cross, this well-presented 1-bedroom home at Caribou Walk offers modern living with superb transport links. Just a short drive from Reading Station, which provides fast connections to London Paddington, Oxford, and beyond, this location is ideal for commuters. With easy access to the M4 motorway and nearby Park & Ride facilities, reaching central Reading or travelling further afield is both quick and convenient.


Residents of this vibrant area enjoy a range of local amenities including shops, restaurants, and cafés, all located in Reading and within easy reach. The Three Mile Cross Post Office offers everyday essentials, while nearby green spaces and a local park provide opportunities for leisure and relaxation. Whether you're looking for community convenience or a peaceful retreat just outside the city, this property offers the best of both worlds.

Closest stations: Reading (3.7 miles)

Bu routes nearby: 600 Park and Ride, 111

Key features: 

- Allocated parking 

- Secured bike storage 

- Integrated appliances - oven, oven fan, hob, extractor fan

Financial information 
Tenure: Leasehold 
Remaining lease term: 88 years 
Annual ground rent amount: £150
Ground rent review period: Ground rent goes up every 25 years from the commencement of the lease.  Ground rent for years 26-50 is £300.00 per annum 
Annual service charge amount: £2,410.44
Service charge review period: Annually 
Council tax band: B


*Financial information correct as of 29/04/2025

 

Caribou Walk, Three Mile Cross, Reading, RG7 1WR

Financials

Financials
Full Value £215,000
Share Percentage 55%
Share Value £118,250
Monthly Mortgage £542.00
Monthly Rent £129.93
Minimum Household Income £28,500
Maximum Household Income £80,000
Deposit Required £11,825

Register your interest

To be eligible for Shared Ownership, your household income must be less than £90,000 when buying a home in London and £80,000 for homes outside of London)
You will need to have sufficient savings to cover the costs associated with buying a home such as moving and solicitor fees (estimated between £4,500 - £5,500 and your mortgage deposit)

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