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)

School Drive, 2 bed homes


Woodley, Reading, Wokingham, rg53pz

Shared ownership

Starting prices

Share price
Coming soon
Full price
£265,000
Monthly rent
£282

Overview

A modern maisonette in good condition. The accommodation comprises of private entrance hall with storage cupboard, bathroom with WC, two bedrooms and open plan kitchen/reception room. Outside there are communal gardens and areas, an allocated parking space, additional visitor parking spaces, communal bin and bike stores and an allocated storage shed. The property has gas fired central heating and double glazing.

Full Description

A 2 bedroom maisonette available through our Shared Ownership Scheme

Available for £132,500 for 50% share based on the marketing figure of £265,000

SO Resi Monthly Payment - £282.09
Monthly Service Charge - £114.59
Total Monthly Charge - £396.68 PLUS MORTGAGE REQUIRED FOR 50% SHARE

- Please note that priority will be given to applicants who live and work within the local authority of Wokingham

Property Details

Entrance hall
Storage cupboard

Bathroom with WC
3 piece white suite
Shower over bath

Open plan kitchen/reception room:

Reception area:
3.22 x 4.30 plus 1.89 x 1.23

Kitchen area:2.88 x 3.20
Good range of units
Gas hob
Cooker
Built-in fridge freezer
Space for washing machine

Bedroom 2: 
3.00 x 2.15

Bedroom 1: 3.00 x 3.55

Outside:Well kept communal garden and areas
Communal bin and bike stores
Allocated storage shed
Allocated parking space
Additional visitor parking spaces

EPC Rating
Energy Rating Band - C
Environmental Impact 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 within a modern residential development of mixed properties, close to Reading town centre and station. Good access to A33 and M4 motorway.


Housing Provider

SO Resi
Shared ownership

Starting prices

Share price
Coming soon
Full price
£265,000
Monthly rent
£282