Shared Ownership
This superb modern home is available to buy from as little as £180,000 with a 60% share!
Set within the sought-after Arborfield Green development, this contemporary first-floor apartment offers stylish, low-maintenance living in a well-connected and welcoming community. Designed with modern lifestyles in mind, the home combines clean lines, quality finishes and a practical layout that makes excellent use of space throughout.
The heart of the apartment is a bright and spacious open-plan kitchen, living and dining area, ideal for both everyday living and entertaining. The kitchen is sleek and modern, with integrated appliances and ample worktop space, flowing effortlessly into the living area. From here, doors open onto a private balcony, providing a pleasant outdoor retreat for morning coffee or evening relaxation.
The apartment features two well-proportioned bedrooms, both offering a calm and comfortable environment with plenty of natural light. The main bedroom enjoys a peaceful outlook, while the second bedroom is perfect for guests, a home office, or flexible use to suit your needs. A contemporary bathroom with modern fittings completes the accommodation.
Located in Arborfield Green, residents benefit from thoughtfully planned green spaces, nearby local amenities, and excellent transport links to Reading town centre and beyond. This apartment is an ideal choice for first-time buyers, professionals, or investors seeking a modern home in a thriving and growing community.
Arborfield Green is a highly regarded and thoughtfully designed community set amid landscaped green spaces and countryside walks, offering a peaceful yet convenient lifestyle. The area benefits from a growing range of local amenities including a neighbourhood centre with shops, cafés and everyday essentials, as well as schools and recreational facilities close by. For wider shopping, dining and leisure options, Reading town centre and the Oracle Shopping Centre are easily accessible. Excellent transport links connect the area to the M4 and A329, making travel across the Thames Valley straightforward, while nearby Reading and Winnersh Triangle stations provide fast rail services into London Paddington and surrounding destinations, ideal for commuters.
PRICING & AFFORDABILITY
Full Market Value: £300,000
60% Share Price: £180,000 (rent £176.50 pcm)
Minimum 5% Mortgage Deposit (% share): £9,000
Approximate Service Charges: £174.70 pcm*
Lease: 119 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £300,000 and a purchaser would not need to meet the eligibility criteria listed above.
