2 bedroom apartment for sale
Hackwood House, Kingman Way, RG14 7FZ
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
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
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 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 £260,000, £5,200 Min Deposit. Calculated using a representative rate of 5.26%