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)

East View Place, 2 bed homes


East Street, Reading, Reading, GU52 0ZG

Shared ownership

Starting prices

50% share from
£137,500
Full price
£275,000
Minimum deposit
£6,875
Monthly rent
£356
Monthly service charge
£122

Overview

Full Description

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

Available for £135,000 for 50% share based on the marketing figure of £270,000

SO Resi Monthly Payment- £356.41
Monthly Service Charge- £ 122.14

Total Monthly Charge- £478.55 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details

Hallway:

Kitchen:
Modern fitting kitchen, upgraded tiles
2.97m x 3.14m

Lounge:
Door opening onto communal garden
3.34m x 3.71m

Bathroom:
3 piece suite with shower over bath
upgraded fixtures/fittings/tiles

Bedroom 1:
Built in wardrobe
3.09m x 3.09m + 1.87m x 0.99m
En suite Shower room

Bedroom 2:
Desk alcove area - fitted
3.39m x 2.81m + 1.2m x 0.53m

External:
Communal terrace with access to basement parking
1 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 increasethat takes place. Please refer to Resale Team for up to date information.


Local area information

Within close walking distance to all amenities in Reading.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£137,500
Full price
£275,000
Minimum deposit
£6,875
Monthly rent
£356
Monthly service charge
£122