Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Archfield, 2 bed homes


Archfield, Reading, Bracknell Forest, RG42 6AA

Shared ownership

Starting prices

50% share from
£170,000
Full price
£340,000
Minimum deposit
£8,500
Monthly rent
£390

Overview

Archfields, Warfield is made up of 2 bedroom apartments now available on part buy - part rent. 


Local area information

New properties for sale in Warfield, conveniently located off Newell Green with it's great local amenities, including primary schools, doctors surgery, shops, pubs, parish church and library.

Excellent travel links are afforded by a close proximity to the M3 and M4.

Commuters are well served by Bracknell train station where regular rail services reach London Waterloo in around an hour and Reading in around 20 minutes.


Plot availability

Plot number Archfield Lodge - 2 bed
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Minimum share price £170,000
Full market price £340,000
Ownership Leasehold

A 2 bedroom apartment featuring a spacious kitchen/dining/living area, a stylish contemporary bathroom and ensuite to bedroom 1.

  • 2-bed apartment
  • Open plan kitchen/dining/living area
  • Ensuite to the master
  • Allocated parking space
  • Kitchen units from the Symphony Koncept range
  • Stainless steel single oven and gas hob with integrated hood and stainless steel splashback
  • Mains powered smoke detectors with back up battery
  • Carbon monoxide detector
  • Audio door entry system

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots please speak to a sales advisor for more information**


FAQ's

Min share price from: £170,000 for a 50% share
Full price from: £340,000
Minimum deposit from: £8,500
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £170,000 for a 50% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Heylo Housing
Shared ownership

Starting prices

50% share from
£170,000
Full price
£340,000
Minimum deposit
£8,500
Monthly rent
£390