No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom maisonette
Sold STC
Maisonette
2 beds
1 bath
915
EPC rating: C
Key information
Tenure: Leasehold | unconfirmed share | 124 yrs left
Service charge: £604.68 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Two-bedroom first-floor maisonette
- Private ground-floor entrance with understairs storage
- Spacious dual-aspect hallway
- Two double bedrooms and a family bathroom
- Open-plan living/dining room with kitchen set around the corner
- Allocated parking space and private shed
- Access to communal gardens
- Located just outside Reading in the village of Bradfield Southend
Shared Ownership
This home is available to buy from as little as £86,000 with a 40% share!
Situated in the sought-after village of Bradfield Southend, this well-proportioned two-bedroom maisonette offers spacious living and a peaceful, semi-rural setting.
Accessed via a private entrance, the ground floor has an entrance hall with understairs cupboard, stairs leading up to a dual aspect entrance hall, perfect for storage and then then the mainaccommodation is arranged over the first floor and includes two double bedrooms, a family bathroom, and a generous living/dining room that opens into a neatly designed kitchen tucked just around the corner – perfect for modern living with defined spaces.
Externally, the property benefits from an allocated parking space, access to a communal garden, and a private shed providing additional storage.
Located within a desirable village community, Lea House offers a great opportunity for first-time buyers, downsizers, or investors looking for a well-laid-out home in a charming and accessible location. Bradfield Southend enjoys a semi-rural feel while being just outside of Reading, offering the best of both worlds – countryside living with easy access to the town’s amenities, transport links, and employment hubs.
Please note: This property is subject to an 80% staircasing restriction, meaning the maximum share that can be purchased is 80%. Full ownership is not permitted.
PRICING & AFFORDABILITY
Approximate Size 42 sq m
Full Market Value: £215,000
40% Share Price: £86,000 (rent £295.63pcm)
50% Share Price: £107,500 (rent £246.35pcm)
75% Share Price: £161,250 (rent £123.18pcm)
Minimum 5% Mortgage Deposit (40% share): £4,300
Approximate Service Charges: £50.39 pcm*
Lease: this property will be given a new 125 year lease
ELIGIBILITY
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Lea House you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 80% of your home. PLEASE NOTE THAT THERE IS A TAIRCASING RESTRICTION WHICH MEANS YOU WILL NOT BE ABLE TO OWN MORE THAN AN 80% SHARE.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
This home is available to buy from as little as £86,000 with a 40% share!
Situated in the sought-after village of Bradfield Southend, this well-proportioned two-bedroom maisonette offers spacious living and a peaceful, semi-rural setting.
Accessed via a private entrance, the ground floor has an entrance hall with understairs cupboard, stairs leading up to a dual aspect entrance hall, perfect for storage and then then the mainaccommodation is arranged over the first floor and includes two double bedrooms, a family bathroom, and a generous living/dining room that opens into a neatly designed kitchen tucked just around the corner – perfect for modern living with defined spaces.
Externally, the property benefits from an allocated parking space, access to a communal garden, and a private shed providing additional storage.
Located within a desirable village community, Lea House offers a great opportunity for first-time buyers, downsizers, or investors looking for a well-laid-out home in a charming and accessible location. Bradfield Southend enjoys a semi-rural feel while being just outside of Reading, offering the best of both worlds – countryside living with easy access to the town’s amenities, transport links, and employment hubs.
Please note: This property is subject to an 80% staircasing restriction, meaning the maximum share that can be purchased is 80%. Full ownership is not permitted.
PRICING & AFFORDABILITY
Approximate Size 42 sq m
Full Market Value: £215,000
40% Share Price: £86,000 (rent £295.63pcm)
50% Share Price: £107,500 (rent £246.35pcm)
75% Share Price: £161,250 (rent £123.18pcm)
Minimum 5% Mortgage Deposit (40% share): £4,300
Approximate Service Charges: £50.39 pcm*
Lease: this property will be given a new 125 year lease
ELIGIBILITY
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Lea House you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 80% of your home. PLEASE NOTE THAT THERE IS A TAIRCASING RESTRICTION WHICH MEANS YOU WILL NOT BE ABLE TO OWN MORE THAN AN 80% SHARE.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.