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)

Basingstoke Road, 3 bed homes


Basingstoke Road, Reading, Tower Hamlets, RG2 0JF

Shared ownership

Starting prices

50% share from
£150,000
Full price
£300,000
Monthly rent
£219
Monthly service charge
£18

Overview

Full Description

A 1930’s semi-detached house available through our Shared Ownership Scheme

Available for £150,000 for 50% share based on a market value of £300,000

A 1930’s semi-detached house situated in a convenient residential location. The accommodation comprises of entrance hall, through living room and kitchen at ground level. To the first floor there are two bedrooms, together with a third bedroom/study. Bathroom with WC. Parking for two/three cars available in front garden. Large,
enclosed rear garden. The property has gas central heating and double glazing.

Located within a road of mainly similar properties close to local shops, with more extensive town centre facilities and mainline station at Reading. Good access to M4 motorway.

SO Resi Monthly Payment- £218.50
Monthly Service Charge- £17.99
Total Monthly Charge- £236.49 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details

Ground floor:

Entrance hall
Under stair cupboard

Kitchen:
3.25 x 2.09
Gas hob
Cooker
Space for fridge/freezer and washing machine

Through living room:
7.04 x 3.32

First floor:

Landing:

Bathroom with WC
White suite
Shower over bath

Bedroom 1:
3.97 x 2.97

Bedroom 2:
2.93 x 2.97

Bedroom 3/Study:
2.09 x 2.35

Outside:
Parking to front garden/drive
Rear garden laid mainly to lawn
Summerhouse.

EPC Rating

Energy Rating Band- E
Environmental Impact Band- E

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.


Local area information

Located within a road of mainly similar properties close to local shops, with more extensive town centre facilities and mainline station at Reading. Good access to M4 motorway.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£150,000
Full price
£300,000
Monthly rent
£219
Monthly service charge
£18