A collection of four, two-bedroom, two-bathroom apartments available on a shared equity basis. Situated in a newly built block of nine apartments and finished to an excellent specification throughout.
Conveniently located just off the A4 Bath Road in Padworth, Reading the apartments form part of Coudray Mews, a new Gable Homes development by Francis Construction.
Available to purchase with the Merlion Shared Equity scheme at a 75% share, the scheme is designed to help you get on the property ladder. You will own 100% of the property and there is NO rent or interest to pay on the remainder.
Kitchen
Bathroom and en suite
Heating, Electrical and Lighting
Finishes & Features
EPC and Council Tax band to be determined.
Estate charge £153.15 and estimated service charge £808.44 per annum
In partnership with local authorities, Merlion has developed a solution that provides purchasers with an affordable and sustainable option to buying their new home.
The Merlion shared equity model provides a more affordable route into home ownership than many of the other home ownership products on the market. Merlion will support customers every step of the way through their purchase.
What is shared equity?
Shared equity works by providing the home buyer with an interest free equity loan, which will form part of the deposit, for the property being purchased. The homebuyer then takes out a mortgage, as they usually would, on the balance of the property's purchase price.
The property will belong entirely to the homebuyer, who should be able to access better mortgage deals, which they would not otherwise been able to.
Prices shown below are for a 75% share.
Full market value is from £250,000 - £260,000.
ALL PLOTS are now RESERVED
Located just north of the River Kennet and surrounded by open fields and countryside, Padworth in West Berkshire boasts an enviable spot. Conveniently situated between Reading and Newbury, residents here will be able to enjoy picturesque walks and access to country pubs, while benefiting from excellent transport connections by both road and rail.
Aldermaston Station is less than a mile away from the development, with direct trains into London Paddington in just 49 minutes*. The A4 and the M4 are easily accessible, and buses also run to Reading, Thatcham and Newbury.
Neighbouring Aldermaston is a historic village renowned for its quaint countryside charm and views of the surrounding hills, while its centre offers access to a host of local amenities, including general stores, hairdressers and various antique shops.
To find out more about how we’re using the information you’re giving us, please review our Privacy Policy