£171,000

Bright and modern two-bedroom mid-terrace house now available in Reading, through Shared Ownership.

The property features an entrance hall, reception room and separate kitchen on the ground floor. On the first floor, there are two bedrooms and one family bathroom.

The property offers residents a spacious rear garden and allocated parking.

Available for £171,000 for 45% share based on the marketing figure of £380,000.

Monthly rent - £346.81
Monthly Service Charge - £74.77
Total Monthly Charge - £421.58 plus mortgage required for 45% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property offers a peaceful village atmosphere and easy access to essential amenities. Within a 5–10 minute drive, residents can access local markets, gyms, healthcare facilities, convenience stores, cafés, and the village hall, which hosts community activities.

The area is rich in green spaces, including Spencers Wood Recreation Ground with play areas and outdoor fitness equipment, plus nearby country parks perfect for walking and cycling. Well-regarded primary schools and GP practices are also close by, making it a family-friendly locale.

Transport options are convenient, with the bus connecting Spencers Wood to Reading town centre in about 25 minutes. From Reading station, direct trains reach London Paddington in approximately 23 minutes, allowing a combined journey time under an hour.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 117

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.