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)

Gabriels Square, 1 bed homes


Gabriels Square, Reading, Wokingham, GU14 6GP

Shared ownership

Starting prices

50% share from
£109,000
Full price
£218,000
Monthly rent
£291
Monthly service charge
£141

Overview

Key Features

One bedroom first floor flat
Modern block
Double glazed
Allocated parking space
Close to amenities in Reading
Electric heaters and immersion
 
Full Description

A one bedroom first floor flat located in Lower Earley available through Shared Ownership Scheme

Available for £109,000 for 50% share based on the marketing figure of £218,000

SO Resi Monthly Payment - £ 290.59
Monthly Service Charge - £140.95
Total Monthly Charge - £ 431.54 PLUS MORTGAGE REQUIRED FOR 50% SHARE

The property comprises one bedroom,bathroom with shower, hallway,open plan lounge/kitchen located within a modern residential development with good access to transport links/road network.

Hallway

Lounge/Kitchen
Open plan
6.8m x 3.8m

Bathroom
3 piece suite with shower over

Bedroom 1
3.35m x 3.6m

External
Development grounds
One parking space

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

The property is located within a modern residential development with good access to transport links/road network.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£109,000
Full price
£218,000
Monthly rent
£291
Monthly service charge
£141