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)

Newstead Rise, 2 bed homes


Wroxeter Court, Reading, Reading, RG2 8JX

Shared ownership

Starting prices

50% share from
£97,000
Full price
£194,000
Minimum deposit
£4,850
Monthly rent
£196
Monthly service charge
£107

Overview

Key Features
• Two bedrooms
• First floor
• Allocated Parking
• Close to Reading Town Centre
• Great travel facilities
• Available for 50% share basis

Full Description

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

Available for £97,000 for 50% share based on the marketing figure of £194,000

SO Resi Monthly Payment - £196.45
Monthly Service Charge - £107.10
Total Monthly Charge - £303.55 PLUS MORTGAGE REQUIRED FOR 50% SHARE
Minimum income requirement - £31,092


Buy more shares for a minimum of 10%


Well presented two bedroom first floor flat in Reading. The property comprises of entrance hall, bathroom with WC, two bedrooms, kitchen and lounge and dining area. Outside there are communal grounds, gardens and an allocated parking space.

Property Details

Entrance hall
Storage cupboard

Bathroom with WC
Modern white suite
Shower over bath

Kitchen
1.75m x 2.06m
Good range of modern units
Applicants include gas hob and cooker

Bedroom 1
2.57m x 2.82m

Bedroom 2
2.91m x 2.71m

Living room
3.94m x 3.68m

Outside
Communal grounds and areas

Parking
Allocated parking space

EPC Rating 
Energy Rating Band – C
Environmental Impact Rating 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 increase that takes place. Please contact us for more information.


Local area information

Located close to local shops with buses to Reading and 15 mins to Reading train station with easy access to M4 motorway and bus routes to Reading town centre.


Housing Provider

SO Resi
Shared ownership

Starting prices

50% share from
£97,000
Full price
£194,000
Minimum deposit
£4,850
Monthly rent
£196
Monthly service charge
£107