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)

Beatty Rise, 1 bed homes


Beatty Rise, Reading, Wokingham, RG7 1FQ

Shared ownership

Starting prices

50% share from
£87,500
Full price
£175,000
Monthly rent
£287
Monthly service charge
£100

Overview

Key Features

One bedroom second floor flat
Modern residential development
Central heating and hot water
Allocated parking space
Close to Reading town centre

Full Description

A one bedroom second floor flat located in Reading available through Shared Ownership Scheme
Available for £87500 for 50% share based on the marketing figure of £175000

SO Resi Monthly Payment - £287.05
Monthly Service Charge - £99.54
Total Monthly Charge - £386.59 PLUS MORTGAGE REQUIRED FOR 50% SHARE

A one bedroom second floor flat within a three storey building of similar properties.Located within a modern residential development of mixed properties close to local facilities at Spencers Wood. More extensive services available nearby at Reading town centre.

Ground Floor

Communal entrance lobby with staircase to:

Second Floor

Private entrance hall with three fitted cupboards.

Bathroom with WC.

Kitchen
3.38 x 1.96.

Reception room
3.89x 3.69.

Bedroom with fitted cupboard
4.84 x 2.59.

Outside
Communal grounds and areas.
Communal bin and bike stores.
Allocated parking space.

EPC Rating
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.


Local area information

The property is close to local amenities in Spencers Wood.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£87,500
Full price
£175,000
Monthly rent
£287
Monthly service charge
£100