1 bedroom apartment for sale
Hackwood House, Kingman Way, RG14 7FZ
Share percentage 40%, full price £230,000, £4,600 Min Deposit.
Share percentage 40%, full price £230,000, £4,600 Min Deposit.
Monthly Cost: £1,045
Rent £332,
Service charge £189,
Mortgage £524*
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. There is a local connection requirement to West Berkshire for this property.
Summary
1 bed apartment in Newbury
Description
This cosy 1-bedroom flat is perfect for a professional individual or couple.
It has double doors in the living room and bedroom leading out to a lovely balcony that looks out over the whole of Newbury.
The flat benefits from a spacious open-plan kitchen/living room, one large bedroom that has a fitted wardrobe and a modern bathroom with shower.
The flat is very modern and well maintained. There is also an allocated parking space, with visitor parking nearby.
Please note, there is a local connection requirement to West Berkshire.
Key Features
- Very nice view over Newbury, 4th floor
- Allocated parking
- Spacious balcony
- Modern property
- Excellent road & rail connectivity
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
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 £230,000, £4,600 Min Deposit. Calculated using a representative rate of 5.26%
