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Location
29 Monarch Drive, Shinfield, Reading, Reading, RG2 9EW
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Buying options
Shared Ownership
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Full value
£240,000
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Share value
(25%) £60,000
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Bedrooms
2
Property reference number: 1639740
Please be advised that this property is currently available for applicants who live or work in the borough of Wokingham. This is a Local Authority nomination requirement to help another buyer on to the property ladder using Shared Ownership.
Located in the peaceful area of Shinfield, Monarch Drive offers great accessibility with excellent transport links. Earley and Reading Green Park stations are within easy reach, providing quick and direct access to Reading town center, London Paddington, and beyond. The property also benefits from allocated parking, ensuring convenience for residents.
In terms of local amenities, a short walk will take you to the Shinfield Arms pub, perfect for a relaxed evening out. The nearby Co-Op and Post Office cater to your day-to-day needs, while Crumbs Café, also within walking distance, is ideal for a coffee or a bite to eat. This home combines convenience and comfort, offering everything you need close by.
Closest stations: Reading Green Park (2.6 miles), Earley (2.2 miles)
Bus routes nearby: Leopard No3 (Reading & Wokingham)
Key features:
- Private communal garden
- Communal playground
- Secured bike storage
- Allocated parking
Financial information
Tenure: Leasehold
Remaining lease term: 81 years
Annual ground rent amount: £0
Ground rent review period: Applicable upon final staircasing
Annual service charge amount: £2,483.28
Service charge review period: Annually
Council tax band: C
*Financial information correct as of 03/04/25
Downloads
Financials
| Financials | |
|---|---|
| Full Value | £240,000 |
| Share Percentage | 25% |
| Share Value | £60,000 |
| Monthly Mortgage | £277.00 |
| Monthly Rent | £695.32 |
| Minimum Household Income | £40,500 |
| Maximum Household Income | £80,000 |
| Deposit Required | £6,000 |