2 bedroom apartment for sale

Available

Hackwood House, Kingman Way, RG14 7FZ

£104,000 · Shared Ownership Resale

Share percentage 40%, full price £260,000, £5,200 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£104,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £260,000, £5,200 Min Deposit.

Monthly Cost: £1,214
Rent £428, Service charge £193, Mortgage £593*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

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

Please note, a local connection to West Berkshire is required.

Summary

2 bedroom apartment in Newbury

Description

The third 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, 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, utility area and a modern bathroom. The property also contains a sizeable utility cupboard for additional storage and appliances. The property has a walk in wardrobe added and island which acts as a home office/work space.

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.

Please note, a local connection to West Berkshire is required.

Key Features
  • Great starter home
  • Modern kitchen and bathroom
  • Private balcony, afternoon sun
  • Allocated parking
  • Great access to Newbury Town Centre (15 min walk) and Train station (5 min walk)
  • Easy rail access via Newbury to London Paddington (less than 1 hour)
  • Excellent road links (M4, A34 & A339)
  • The development has lots of green space and a local gym nearby
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: D

Property Downloads
Energy Certificate
Map
Newbury Racecourse (0.27 miles) Newbury Station (0.87 miles) Thatcham (2.57 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£104,000
Shared Ownership Resale
Estimated Monthly Cost:£1,214
Rent £428
Service Charge £193
Mortgage £593

Share percentage 40%, full price £260,000, £5,200 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.