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9 Sutton Close

Shared ownership

Sutton Close, Earley, RG6 1FS

Sale under offer
Shared ownership
Photo of 9 Sutton Close
Live from space album cover

from

£164,500

with min. deposit

£8,225

35% Share from
£164,500
Full market price
£470,000
Minimum deposit
£8,225
Monthly rent
£756
Monthly service charge
£77.6
Reservation free
£300

3 bedroom house

We are pleased to offer this well presented three bedroom semi-detached home in the heart of Reading. Inside you will find a large entrance hallway with a spacious under the stairs cupboard and leading into a modern kitchen, downstairs WC and living room.  The living room leads out into the garden with gated side access. Upstairs are two double bedrooms, one single bedroom and a bathroom with overhead shower. This property also benefits from a driveway with space for two cars. 

Full Market Value: £470,000

Min Share: 35% (£164,500)

Monthly rent: £756.56

Monthly Service Charge: £77.60

Features

Bedrooms3
Bathrooms2
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years118
EER Current88
EER Potential90

from

£164,500

with min. deposit

£8,225

35% Share from
£164,500
Full market price
£470,000
Minimum deposit
£8,225
Monthly rent
£756
Monthly service charge
£77.6
Reservation free
£300
Southern Housing

Southern 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

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.

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