2 bedroom apartment

Property reference number: 1639250

Monarch Drive is perfectly positioned for easy commuting, with both Green Park and Reading stations just a short drive away. These stations offer fast and direct connections to London Paddington and other key destinations, making this an ideal location for professionals needing excellent transport links.

The area offers a range of local amenities, including the popular Shinfield Arms pub, local shops, and supermarkets for everyday convenience. Outdoor lovers will appreciate nearby Wellington Country Park and Dinton Pastures, both offering beautiful green spaces for walking and recreation. For football fans, Reading Football Stadium is just a short drive away, making it easy to catch live matches and events.

Closest stations: Green Park (3.5 miles), Reading (5.5 miles)

Bus routes nearby: 3, Park and Ride 600

Key features: 

- Communal garden

- Communal playground 

- Secured bike storage 

- Allocated parking 

- Floor-to-ceiling windows with a park view

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button] and our team will be able to help you. 

What is Resale Shared Ownership? 

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  

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: £2,352.84

Service charge review period: Annually 

Council tax band: C

*Financial information correct as of 17/02/2025