£42,000

3 bed flat for sale
Chatham Heights, Chatham Street, Reading RG1

    • 3 beds

    • 1 bath

    • 1 reception

New home
Shared ownership
Leasehold
Added on 01/04/2026

About this property

  • Three-bedroom Third floor apartment with private balcony

  • Opportunity to purchase up to 100% ownership over time

  • Direct trains to London Paddington in as little as 23 minutes

  • Short walk to Reading station

  • Lift access to all floors

**Shared Ownership**
Own a home in Reading town centre from £42,000 or with a deposit from just £2,100 based on a 10% share*

Plot 39 is a contemporary three-bedroom apartment located on the Third floor at Chatham Heights, offering open-plan living, a modern fitted kitchen with integrated appliances, stylish bathroom suite and private balcony. Designed for modern living, this home provides an affordable opportunity to step onto the property ladder in a sought-after town centre location.

Chatham Heights is an exciting collection of Shared Ownership homes in the heart of Reading, with a range of one, two and three-bedroom apartments available. Shares are available from 10% to 75%, subject to affordability, with the opportunity to increase your share over time up to full ownership.

The property comes with your own allocated parking space with an electric vehicle charging point. Homes at Chatham Heights are anticipated to be ready from Autumn 2026. Perfectly positioned for town centre living, Chatham Heights places you moments from Reading station, riverside walks and the wide range of shops, restaurants, cafés and leisure facilities Reading has to offer. With direct rail services to London Paddington in under 30 minutes and excellent road connections via the M4, the development combines convenience with excellent connectivity for commuters and local residents alike.
Pricing & affordability


Full market value: £420,000

10% share price: £42,000 (rent £866.25 pcm)

25% share price: £105,000 (rent £721.88 pcm)

50% share price: £210,000 (rent £481.25 pcm)

Minimum 5% mortgage deposit (based on a 10% share): £2,100

Approximate service charges: £104.47 pcm*

Shared Ownership lease: 990 years

Council Tax Band: New build, tbc

Reservation fee: £500

*Service charges are estimated, reviewed once a year and are subject to change.

Mortgage calculator

Monthly repayment

£210 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £1,254 per year

  • Council tax band

    New build

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    10%

  • Shared ownership rent

    £674 per month

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Walmsley Estate Agency

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