2 bedroom apartment for sale
Hackwood House Kingman Way, RG14 7FZ
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Monthly Cost: £1,245
Rent £437,
Service charge £193,
Mortgage £615*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
Summary
2 bedroom apartment
Description
Located on the top floor of blocks at the Racecourse, this light and immaculately presented two-bedroom apartment has a balcony stretching the whole length of the apartment and allocated parking.
The property has been very well maintained by the current owner and the view from the balcony looks over the neighbouring flats towards Cold Ash and Upper Bucklebury. The apartment is located just a short walk to the train station with regular trains to Reading and London Paddington.
The fifth floor apartment benefits from a hallway, open-plan kitchen/dining/living room, main bedroom with built in wardrobe, second double bedroom and utility cupboard. The accommodation benefits from secure front gates, monitored parking and grounds are maintained daily.
A local connection to West Berkshire is required.
Key Features
- An amazing fifth floor apartment
- Communal security entry system
- Countryside views
- Allocated parking
- Close to Newbury town centre, the racecourse & train station
- Excellent road links (M4, A34 & A339)
- Excellent transport links into Reading & London
- Two double bedrooms, one with fitted wardrobe
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: D
Property Downloads
Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.26%
