Available

£132,000

Farnham Drive, Reading, RG4 6NY
Share 30% / Full price £440,000 / Min deposit £6,600

Apartment
3 bedrooms
Not specified

SO Resi
02080229696
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Description

Bright and modern four-bedroom semi-detached house now available in Reading, through Shared Ownership.

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

The property offers residents a spacious rear garden which can be accessed via the reception room and off-road parking.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £132,000 for 30% share based on the marketing figure of £440,000.

Monthly rent - £484.45
Monthly Service Charge - £67.86
Total Monthly Charge - £552.31 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

The property offers a peaceful suburban setting with excellent access to everyday amenities. Within a 10–15 minute walk, residents can reach local markets, convenience stores, fitness centres, and healthcare clinics. Several well-rated primary and secondary schools are nearby, along with green spaces and parks ideal for families and outdoor enthusiasts. The area enjoys a low crime rate and a strong sense of community, making it a popular choice for professionals and families alike.

Transport links are highly convenient, with Reading Station just under 2 miles away, accessible in around 10 minutes by car or 15 minutes by bus. Direct trains to central London take approximately 25 minutes from Reading, making this location ideal for commuters. The area also benefits from reliable local bus services and easy access to major road networks, ensuring smooth travel across Berkshire and beyond.

EPC rating

Energy rating band - C

Environmental rating band - C

Lease information

Years remaining on lease: 99

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.

Other information

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.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Description

Property information & downloads

Key features

Material information

Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£132,000 Shared Ownership Resale Full price £440,000
Estimated monthly cost £1,269
£

How is this calculated?

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