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)
Ashdene Gardens, 2 bed homes
A first floor purpose built flat in good condition. The accommodation consists of: entrance hall, bathroom with WC, two bedrooms, living room and separate kitchen. Outside there are well kept communal grounds and areas. Allocated parking space. The property has gas central heating and double glazing. Great for first time buyers looking for a shared ownership property in the Reading area.
Two bedroom flat available through our Shared Ownership Scheme.
Available for £110,250 for 45% share based on a market value of £245,000
SO Resi Monthly payment - £417.90
Monthly Service Charge - £102.80
Total Monthly Charge - £520.70 PLUS MORTGAGE REQUIRED FOR 45% SHARE
Utility cupboard with plumbing for washing machine
Bathroom with WC
Shower over bath.
3.36 x 3.16
3.18 x 3.10
1.91 x 2.91
Space for fridge freezer and dishwasher
4.03 x 5.61
Communal grounds and areas
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.