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)

Deardon Way, 3 bed homes


Deardon Way, Reading, Hounslow, RG2 9HF

Shared ownership

Starting prices

50% share from
£157,500
Full price
£315,000
Minimum deposit
£7,875
Monthly rent
£699
Monthly service charge
£30

Overview

SO Resi is offering an end terrace house for shared ownership sale in Reading. At ground floor level the accommodation comprises of entrance lobby, living room, dining kitchen, rear lobby and cloakroom. At first floor level there are three bedrooms and a bathroom. The property has an enclosed rear garden. Allocated parking space. Additional visitor parking.
 

Full Description

A three bedroom house available through our Shared Ownership Scheme.
Available for £157,500 for 50% share based on a market value of £315,000

SO Resi Monthly Payment - £699.12
Monthly Service Charge - £30.22
Total Monthly Charge - £729.34 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details

Ground floor:

Entrance hall

Living room:
4.66 x 3.75m

Kitchen / Dining room:
4.11 x 3.25m
Good range of base and wall units
Space for washing machine and fridge freezer

Includes the following appliances:

  • Electric hob
  • Cooker

Useful under stair cupboard

Rear lobby
Cloakroom with WC
Access to rear garden

First floor:
Landing with airing cupboard

Bathroom with WC
White suite
Shower over bath

Bedroom 1:
2.56 x 4.30m

Bedroom 2:
4.54 x 2.55m
Fitted wardrobe

Bedroom 3:
2.12 x 3.34m

Outside:
Enclose rear garden
Allocated parking
Additional visitor parking

EPC Rating

Energy Rating Band - C
Environmental Impact Band - C

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 modern residential development of similar houses. Conveniently close to local facilities at Shinfield. Good access to A3 trunk road and M4 motorway. More extensive services and station are located at Reading Town Centre.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£157,500
Full price
£315,000
Minimum deposit
£7,875
Monthly rent
£699
Monthly service charge
£30