Shared Ownership homes launched on the outskirts of Reading

Did you know that house prices in Berkshire are higher than the national average by over £215,00?* At a time when first-time buyers are finding it difficult to save a deposit for their first home, and private rent on the rise in areas like Reading^, Shared Ownership is providing an alternative route for home seekers. Our first collection of Shared Ownership homes have just launched at Herons Lake in Theale.

With a selection of two, three and four bedroom homes now selling, you could step onto the property ladder at Herons Lake from £123,000 based on a 40% share (other shares available). And, your 5% deposit could start from £6,150**. Shared Ownership is designed to help aspiring homeowners, by letting them buy a percentage of their new home and pay a reduced rent to Abri on the rest.

Discover Herons Lake

This idyllic waterfront community is set in the lovely village of Theale. Host to a range of events such as an outdoor cinema and community sports day in the summer, as well as an annual village fete and Christmas lights switch on, you'll be just a 17 minute walk from the charming high street.

For family days out, Moor Copse Nature Reserve is just a five minute drive away from Herons Lake, while Reading town centre offers three separate shopping centres to choose from, as well as a regular Farmer's Market and newly-opened Blue Collar Corner, showcasing a range of local food traders based in the south east.

Theale is also home to plenty of schools, including Theale Green School, Theale Day Nursery and Theale Primary School, all within walking distance of Herons Lake, as well as Bradfield College a six minute drive away, and the popular Reading University just a 19 minute drive.

New homes now selling

Herons Lake offers a great range of houses and apartments, including two, three and four bedroom homes. Here's the best bits:

• at least one parking space to every home
• turfed back gardens to houses
• modern, open-plan design for added flexibility
• all flooring provided
• fibre broadband connection available
• wardrobes to master bedrooms
• integrated washing machines and dishwashers to four bedroom houses
• solar panels and ensuites to selected homes.

And, we're putting locals first at Herons Lake, and working with West Berkshire Council to make sure these affordable homes go to local people who need them most. Speak to our Sales team, or visit our local area connection page, for more information.

So, why wait? Register your interest now for updates sent straight to your inbox, so you can step onto the property ladder in 2025.