keaze logo

76 Sterling Square

Shared ownership

Flat 41, Reading, RG1 2BP

For salenew home
Plot  gallery image
Plot  gallery image
Plot  gallery image
Plot  gallery image
Plot  gallery image
Plot  gallery image
Live from space album cover

2 bedroom flat

Sterling Square is a superb development of brand new apartments, situated in the heart of Reading and just a few minutes’ walk from The Oracle shopping centre. The mainline train station is just a short stroll from the apartments with direct fast trains to London Paddington in under 30 minutes’. By car, Junction 11 of the M4 is easily accessible.

Reading is considered a key regional and commercial location for the Thames Valley, it’s already home to a number of world-class employers including Microsoft, Bayer, Prudential and Thames Water. For relaxation, there is a wide range of restaurants and bars along with a Vue Cinema, The Hexagon …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£81,250

with min. deposit

£4,063

25% Share from
£81,250
Full market price
£325,000
Minimum deposit
£4,063
Monthly rent
£559
Monthly service charge
£139.67
Sage Housing

Sage Housing

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

Similar properties

Kings Gate
Shared ownership

Kings Gate

new home

Villers Road, Kingston upon Thames

1 - 2

1

Minimum deposit

£6,500

40% Share from

£130,000

Full price

£325,000

Noble House 1 bed - Meridian Gate - Kidbrooke
Shared ownership

Noble House 1 bed - Meridian Gate - Kidbrooke

new home

48 Ottley Drive, London

1

1

Minimum deposit

£8,125

50% Share from

£162,500

Full price

£325,000

Lowen Apartments
Shared ownership

Lowen Apartments

new home

Lowen Road, Rainham (London)

2

1

Minimum deposit

£5,688

35% Share from

£113,750

Full price

£325,000