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)

Katesgrove Lane, 1 bed homes


Katesgrove Lane, Reading, Reading, RG1 2ND

Shared ownership

Starting prices

75% share from
£131,250
Full price
£175,000
Minimum deposit
£6,563
Monthly rent
£65
Monthly service charge
£85

Overview

Key Features

First floor flat
One bedroom
Good condition
Allocated parking
Close to Reading town station
Close to local amenities
Available on 75% shared ownership basis

Full Description

A one bedroom first floor flat located in Reading available through our Shared Ownership Scheme.

Vibrant one bedroom apartment located near to Reading town centre. The property comprises of one double bedroom, entrance hall, living room and kitchen and bathroom. Also includes parking.

5 minute walk from Reading town centre and Reading station, which has access to buses and trains. Also close to local Primary schools.

Ground Floor:
Communal entrance lobby with staircase 

First Floor:
Private entrance hall with fitted storage and airing cupboards

Open plan kitchen/reception room:
2.02 x 5.75.

Reception room:
3.66 x 4.24

Bedroom: 
2.86 x 3.30

Bathroom with WC

Outside:
Communal grounds and areas, including bin store. Residents parking via permit.

EPC Rating

Energy Rating Band - C
Environmental Impact Band - C

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

5 minute walk from Reading town centre and Reading station, which has access to buses and trains. Also close to local Primary schools.


Housing Provider

SO Resi
Shared ownership

Starting prices

75% share from
£131,250
Full price
£175,000
Minimum deposit
£6,563
Monthly rent
£65
Monthly service charge
£85