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)

Mason Court 2, 2 bed homes


Mason Street, Reading, Eden, RG1 7PP

Shared ownership

Starting prices

50% share from
£125,000
Full price
£250,000
Monthly rent
£234
Monthly service charge
£83

Overview

Full Description

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

Available for £125,000 for 50% share based on the marketing figure of £250,000

SO Resi Monthly Payment - £233.72
Monthly Service Charge - £83.06
Total Monthly Charge - £316.78 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Property Details:

Hallway:
Storage cupboard

Bathroom with WC
White suite with shower over bath. Airing cupboard.

Kitchen:
2.40 x 2.39
Good range of units
Gas hob
Cooker
Space for washing machine, fridge/freezer and dishwasher.

Lounge:
4.10 x 4.51

Bathroom:
3 piece suite with shower over p shaped bath; refitted

Bedroom 1:
3.70 x 3.43

Bedroom 2:
2.41 x 3.13

External:
Small garden area to rear (not accessible from accommodation) with shed
2 parking spaces in tandem

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 situated in a cul-de-sac development of similar maisonettes, conveniently close to local facilities at Oxford Road and Reading West station. More extensive facilities are within walking distance at Reading town centre.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£125,000
Full price
£250,000
Monthly rent
£234
Monthly service charge
£83