1 bedroom apartment for sale
Selkirk House, Kingman Way, RG14 7GP
Share percentage 25%, full price £230,000, £2,875 Min Deposit.
Share percentage 25%, full price £230,000, £2,875 Min Deposit.
Monthly Cost: £934
Rent £431,
Service charge £175,
Mortgage £328*
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
Local connection requirement to West Berkshire.
Summary
1 bedroom apartment located in Newbury
Description
This spacious, well maintained, one-bedroom apartment offers an ideal investment for first time buyers. With excellent and convenient transport links due to proximity to Newbury Racecourse train station, this property is also ideally situated within walking distance of Newbury town centre.
Located on the first floor, and accessed via either stairs or large lift, this property benefits from a large private recessed balcony with patio door access.
Large king size master bedroom has multiple sockets and TV aerial point, as well as spacious built in wardrobe. Additional shelving at the top of the wardrobe allows for maximum use of the space. The kitchen has a built in electric oven, hob and extractor hood.
Staircasing restriction - Min 10%
Please note, there is a local connection requirement to West Berkshire.
Key Features
- Close to excellent transport links and walking distance to Newbury town centre
- Allocated undercroft parking space
- Large private balcony, running full length of the property
- Close access to premium gym and swimming facilities
- Located on the Racecourse site itself
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
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 25%, full price £230,000, £2,875 Min Deposit. Calculated using a representative rate of 5.26%
