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)

Fair Mile at Cholsey Meadows, 2 bed homes


Reading Road, Cholsey, South Oxfordshire, OX10 9GE

Shared ownership

Starting prices

25% share from
£88,750
Full price
£355,000
Minimum deposit
£4,437
Monthly rent
£555
Monthly service charge
£89

Overview

**Incentives available - enquire today to find out more**

Plot 373 – last remaining 2 bedroom apartment, ready to move in

Available with shared ownership - £88,750 for a 25% share 

Redeveloped in a Grade II listed building, set within over 100 acres of registered Park & Garden, and with private access to over a mile of the River Thames, this is a rare opportunity to own a truly unique and stunning home.

This spacious apartment comes complete with carpets & flooring throughout and benefits from a high spec fitted kitchen with an oven, hob, extractor, dishwasher and washer/dryer. Also featuring a modern open-plan living space, two beautifully finished bathrooms and allocated parking.

Please note, images depict specific plots, other plots may vary.

 


Local area information

Located within Cholsey - walking distance of The River Thames, multiple local amenities and Cholsey station with trains to London in just over 1 hour. 

 


Plot availability

Plot number 373
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £88,750
Full market price £355,000
Monthly rent £555
Monthly service charge £89
Ownership Leasehold

FAQ's

Min share price from: £88,750 for a 25% share
Full price from: £355,000
Minimum deposit from: £4,437
Monthly rent from: £555
Bedrooms: 2
Bathrooms: 2

There is only one available priced at £88,750 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Sovereign
Shared ownership

Starting prices

25% share from
£88,750
Full price
£355,000
Minimum deposit
£4,437
Monthly rent
£555
Monthly service charge
£89