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)

Ducketts Mead, 1 bed homes


Ducketts Mead, Reading, Wokingham, RG2 9GY

Shared ownership

Starting prices

60% share from
£114,000
Full price
£190,000
Minimum deposit
£6,300
Monthly rent
£196
Monthly service charge
£108

Overview

Full Description

A one bedroom ground floor located in Reading available through Shared Ownership Scheme

Available for a share of £114,000 for 60% share based on the marketing figure of £190,000

SO Resi Monthly Payment - £196.37
Monthly Service Charge - £108.20

Total Monthly Charge - £304.57 PLUS MORTGAGE REQUIRED FOR 60% SHARE

Minimum income requirement - £41,552

Buy more shares for a minimum of 10%

Property Details

Entrance Hall
Storage cupboard.

Living room
3.6 x 4.2

Kitchen
2.3 x 2.3
Range of modern base wall and work surfaces.Space for appliances. Gas fired boiler.

Bedroom one
3.2 x 4.3
Fitted wardrobes.

Bathroom
Modern three piece suite with shower and cupboard

Outside
Communal gardens areas. One allocated car parking space.

EPC Rating
Energy Rating Band - C
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

Good access to M4 motorway junction 11. Town centre facilities available at Reading. Railway stations at Reading, Earley and Winnersh Triangle.


Housing Provider

SO Resi
Shared ownership

Starting prices

60% share from
£114,000
Full price
£190,000
Minimum deposit
£6,300
Monthly rent
£196
Monthly service charge
£108