3 bed flat for sale

Farnham Drive, Reading, Berkshire RG4

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

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.

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.