Shared Ownership Homes Released In Reading
House-hunters keen to get their foot on the property ladder in Reading will be delighted to learn that on Saturday 17 July, L&Q is launching a Shared Ownership scheme in this buoyant, well-connected Thames Valley town.
Shared Ownership offers a cost-effective way for aspiring homeowners to take the first step, by part-owning and part-renting a property, complete with the security and stability of owning their own home. With Shared Ownership buyers are only required to pay a deposit on the percentage share they buy, rather than the full value of the home. It is therefore a more affordable and practical scheme, designed as a stepping-stone to ultimately owning your own home.
L&Q, has partnered with multi-award-winning developer Berkeley, renowned for creating high quality, sustainable communities, to create a new landmark town centre scheme. L&Q at Huntley Wharf is a brand-new collection of 115 contemporary one- and two-bedroom apartments and maisonettes which are part of Berkeley’s riverside development, and will be available to purchase through the Shared Ownership scheme.
Huntley Wharf will feature a riverside square with proposed local amenities to include a café, restaurant, local store, gym and nursery, plus landscaped open spaces along the river, complementing the transformation of Reading as an urban hub.
The L&Q apartments at Huntley Wharf will be finished to a high-quality specification with contemporary fitted kitchens featuring integrated appliances. Walls will be painted in neutral colours, complemented by Karndean flooring. The majority of homes include private outdoor space in the form of a balcony or terrace. Each home has access to beautifully landscaped podium gardens. Alongside these communal gardens, residents can enjoy the outdoors at the central Riverside Square and landscaped grounds which feature lush lawns, a range of colourful flowers and water features throughout the development.
Through Shared Ownership, prices for these new homes start from £71,250 for a 25% share of a one-bedroom apartment with a full market value of £285,000 and a minimum deposit of £3,563. Two-bedroom homes from £88,750 for a 25% share with a full market value of £355,000 and a minimum deposit of £4,438.Find out more at lqhomes.com.
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