1 bedroom mid terraced house for sale
Larchside Close, Spencers Wood, RG7
- 55% Shared Ownership
- One bedroom house
- Spencers wood
- Well cared for
- Two allocated parking spaces
- Rent of £77.87 per month
A rare opportunity to own a 55% share of this lovely one bedroom house in Spencers Wood. The house is ideally located in a cul de sac and offers an open plan living space with a well cared for kitchen, double bedroom, family bathroom and parking for two cars. EPC Rating C
The picturesque village of Spencers Wood offers the perfect lifestyle balance. Rural living, with a welcoming community, surrounded by traditional pubs and countryside; with all the benefits and transport links of nearby Reading. With a rich history dating back to the 13th century, Spencers Wood retains the congenial atmosphere of a Berkshire village. A true sense of community has developed, enhanced by the annual carnival and a wealth of clubs and societies covering interests from sports to local history. The village provides for everyday necessities, with a Post Office, bakery and a local store together with tempting old-style pubs and eateries. Whilst traditional pleasures are presented in abundance; a walk in the woods, the open countryside, a chance for young children to run and explore and for families to take life at a gentler pace. The property is perfectly located to take advantage of a wealth of local rural and urban delights. There are numerous traditional and gastro pubs to discover in the area, as well as renowned fine dining options for more indulgent occasions including celebrated Michelin starred LOrtolan in neighbouring Shinfield. The nearby town of Reading provides a huge choice of restaurants to suit every palate, from popular family favourites to more refined options. Reading is also known as one of the UKs top retail destinations, with The Oracle and the high street bringing together Debenhams, House of Fraser, John Lewis and Marks & Spencer along with a choice of independent boutiques too.
The front door of the property leads into the entrance porch which in turn leads into the main body of the house. The ground floor is set up for open plan living and features the living room and the kitchen which has been greatly improved by the current owners.
The first floor is comprised on the double bedroom, family bathroom and large storage cupboard. Access to the loft is also available from the landing.
Outside the property benefits from two allocated parking spaces.
Wokingham Borough Council Tax Band C.
Mains, Gas, electric and water.
The property is being sold at a 55% share with Wokingham Borough Council.
Lease Length: 125 years from 1st April 1990
Monthly Rent payable to Wokingham Borough council: £77.87
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate. (Not applicable to the Woodley branch – please contact directly for further information).
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Borrowing £128,700 and repaying over 25 years with a 2.5% interest rate.
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Stamp duty calculator
This calculator provides a guide to the amount of residential Stamp Duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1 October 2021. For more information on Stamp Duty Land Tax, click here.