2 bedroom apartment for sale
Hackwood House, RG14 7FZ
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Monthly Cost: £1,211
Rent £391,
Service charge £193,
Mortgage £627*
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.
A local connection to West Berkshire is required
Summary
2 Bed Apartment for Resale in Newbury
Description
The second floor, two-bedroom apartment is situated at the heart of Newbury Racecourse.
The open-plan, modernistic style is perfect for buyers looking for a large space within an apartment, which includes a private balcony, gated undercroft parking for one car and a video entry system.
The property comprises a fully fitted kitchen as part of the open-plan living and dining area, two well-sized double bedrooms, a large entrance hall and a modern bathroom. The property also contains a sizeable utility cupboard for additional storage and appliances.
Living here, you'll benefit from a short walk away to the train station and bus services and the town centre is just a 15-minute walk.
Key Features
- Modern property
- Homes come complete with allocated parking & private enclosed garden
- Private balcony
- Modern fitted kitchen with built in oven, hob and extractor
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: D
Property Downloads
Floor Plan 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 £275,000, £5,500 Min Deposit. Calculated using a representative rate of 5.26%