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)

Oxford House, 1 bed homes


Cheapside, Reading, PO17 5QB

Shared ownership

Starting prices

45% share from
£90,000
Full price
£200,000
Monthly rent
£301
Monthly service charge
£179

Overview

Key Features

One bedroom third floor flat
Purpose built
Good condition
Double glazed
Electric heating
No allocated parking space
Close to local amenities in Cheapside, Reading

Full Description

A one bedroom apartment located in Reading available through the Shared Ownership Scheme.
Available for £90,000 for 45% share based on the marketing figure of £200,000.

SO Resi Monthly Payment - £301.10
Monthly Service Charge - £178.87
Total Monthly Charge - £479.97 PLUS MORTGAGE REQUIRED FOR 45% SHARE
Minimum income requirement - £31,228
Buy more shares for a minimum of 10%

This elegant apartment in Cheapside, Reading is now available for sale though the Shared Ownership Scheme. The flat comprises one double bedroom, open plan fitted kitchen with living area, modern bathroom and reception area. The property is centrally situated with excellent access to all facilities, amenities and transport links.

Property details

Hallway

Lounge/kitchen 
Open plan 
4.72m x 4.33m

Bathroom 
3 piece suite with shower over bath

Bedroom 
Fitted Wardrobes 
3.821m x 3.2m

EPC Rating

Energy Rating Band - TBC
Environmental Impact Band - TBC

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

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Housing Provider

SO Resi
Shared ownership

Starting prices

45% share from
£90,000
Full price
£200,000
Monthly rent
£301
Monthly service charge
£179