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)

So Resi Forster Oaks, 1-2 bed homes


Wedgewood Way, Stevenage, Stevenage, SG1 4QN

Shared ownership

Starting prices

35% share from
£68,250
Full price
£195,000
Monthly rent
£376
Monthly service charge
£85

Overview

Nestled in a leafy corner of Hertfordshire, combining the very best elements of town and country, lies brand new Forster Oaks. This superb, high quality development is ideally
placed for commuting, with journey times from Stevenage railway station into London King’s Cross starting at just 23 minutes.

Once at home, you’ll have the shops, cafés, generous green spaces, sports and leisure facilities of Stevenage on your doorstep. And there’s a bright future to come, with an ambitious regeneration plan set to transform the UK’s very first new town into the epitome of 21st century cosmopolitan living. So, read on. If you’re looking to start the next chapter of life, Forster Oaks could be the perfect place.


Local area information

Long renowned for its plethora of retail options, Stevenage offers an inviting mixture of shops, big and small. Discover independent boutiques, beauty salons and Waitrose in the charming Old Town, while over in the New Town there’s an array of high-street favourites such as H&M, Next, Debenhams, TK Maxx and River Island. There’s also a lively indoor market, featuring 130 stalls and continuing a tradition begun all the way back in 1281, with the granting of the
town’s Royal Charter.

Dip into an enticing programme of top-drawer comedy, music, drama,
opera and dance at the Gordon Craig Theatre. More of a movie buff? Enjoy everything from Hollywood blockbusters in IMAX to arthouse flicks and live broadcasts from the National Theatre at Cineworld in Stevenage Leisure Park.

Dotted with cafés, restaurants and pubs, you’ll find no shortage of places to relax and revive
in Stevenage. Try Four Seasons for the best cooked breakfast in town, or The Flower Café for amazing coffee and cake. When you’re hankering after a traditional pub, there’s the historic Marquis of Lorne, offering quiz nights, discos and real ale on tap. Special occasion? Book at On The Green for incredible contemporary British cuisine. There’s also a cornucopia of world flavours, from Thai at Sala Thong to El bar de tapas and Misya Meze & Grill.

As a resident of Forster Oaks, you’ll have front-row seats for the next chapter in Stevenage’s history: the town’s incredible programme of regeneration. This multimillion pound scheme – one of the largest in the East of England – involves a total overhaul and reimagining of the centre, to include new shopping areas, bars, cafés and restaurants, plus a new library, sports and leisure facilities. The heart of the town will be transformed into an open, inviting, modern and beautiful space, making Stevenage one of the most sought-after commuter spots around London.


Plot availability

Plot number 155
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 35%
Minimum share price £68,250
Full market price £195,000
Monthly rent £291
Monthly service charge £85

BATHROOMS :
White Kaldewei Eurowa bath with chrome plated pop up waste.

Shower Fitting:
VADO shower bar, shower mixer
and taps.

Hand Wash Basin:
Opal 500 hand wash basin by Tavistock Bathrooms.

Flooring:
Noche Travertine Spacia flooring by Amtico.

Walls:
Full height tiling by Décor Tiles to bath area,
half height elsewhere.

K I T C H E N
Units:
Kashmir Duropal kitchen units withQuartz Stone worktop.

Appliances:
Integrated oven, hob and extractor hood.
Integrated washer/dryer.

Flooring:
Featured Oak Spacia flooring by Amtico.

L I V I N G / D I N I N G
Flooring:
Apollo Easy Clean Twist 100% Excellon PP carpet - in Cashew.

B E D R O O M S
Flooring:
Easy Clean Twist 100%
Excellon PP carpet - in Cashew.

Parking:
Private parking

Plot number 162
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £88,375
Full market price £252,500
Monthly rent £376
Monthly service charge £89

BATHROOMS :
White Kaldewei Eurowa bath with chrome plated pop up waste.

Shower Fitting:
VADO shower bar, shower mixer
and taps.

Hand Wash Basin:
Opal 500 hand wash basin by Tavistock Bathrooms.

Flooring:
Noche Travertine Spacia flooring by Amtico.

Walls:
Full height tiling by Décor Tiles to bath area,
half height elsewhere.

K I T C H E N
Units:
Kashmir Duropal kitchen units withQuartz Stone worktop.

Appliances:
Integrated oven, hob and extractor hood.
Integrated washer/dryer.

Flooring:
Featured Oak Spacia flooring by Amtico.

L I V I N G / D I N I N G
Flooring:
Apollo Easy Clean Twist 100% Excellon PP carpet - in Cashew.

B E D R O O M S
Flooring:
Easy Clean Twist 100%
Excellon PP carpet - in Cashew.

Parking:
Private parking

Plot number 160
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 35%
Minimum share price £90,650
Full market price £259,000
Monthly rent £386
Monthly service charge £90

BATHROOMS :
White Kaldewei Eurowa bath with chrome plated pop up waste.

Shower Fitting:
VADO shower bar, shower mixer
and taps.

Hand Wash Basin:
Opal 500 hand wash basin by Tavistock Bathrooms.

Flooring:
Noche Travertine Spacia flooring by Amtico.

Walls:
Full height tiling by Décor Tiles to bath area,
half height elsewhere.

K I T C H E N
Units:
Kashmir Duropal kitchen units withQuartz Stone worktop.

Appliances:
Integrated oven, hob and extractor hood.
Integrated washer/dryer.

Flooring:
Featured Oak Spacia flooring by Amtico.

L I V I N G / D I N I N G
Flooring:
Apollo Easy Clean Twist 100% Excellon PP carpet - in Cashew.

B E D R O O M S
Flooring:
Easy Clean Twist 100%
Excellon PP carpet - in Cashew.

Parking:
Private parking


FAQ's

Min share price from: £68,250 for a 35% share
Full price from: £195,000
Monthly rent from: £291
Bedrooms: 1
Bathrooms: 1

There are 3 available ranging from £68,250 for a 35% share to £90,650 for a 35% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

SO Resi
Shared ownership

Starting prices

35% share from
£68,250
Full price
£195,000
Monthly rent
£376
Monthly service charge
£85