2 bedroom apartment for sale
Bregawn House, Racecourse Road, RG14 7GL
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Share percentage 40%, full price £280,000, £5,600 Min Deposit
Monthly Cost: £1,230
Rent £431,
Service charge £175,
Mortgage £624*
Calculated using a representative rate of 5.03%
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 (Must live, work or have strong family connection)
Summary
2 Bed Apartment for Resale in Newbury
Description
3rd floor two-bed apartment; excellent first-time purchase for a buyer looking to move to the sought after Newbury Racecourse Development.
Property benefits from two generous double bedrooms, one with built in wardrobe. There is a large ope- plan kitchen fitted with upgraded appliances which shares space with a comfortable lounge /dining area.
Full bathroom suite including bathtub & additional storage within the entrance hallway.
Patio doors provide access to a balcony ideal for sitting outside on summer days.
Allocated private & secure undercroft parking bay.
Close to Newbury Racecourse station with direct rail links to Reading & London + also within walking distance of Newbury town centre.
Full central heating throughout. Viewing highly recommended.
Key Features
- Modern kitchen with upgraded Miele appliances including a fitted dishwasher
- Spacious and comfortable lounge and dining area
- Two good sized, double bedrooms. One with a built-in wardrobes
- Desirable racecourse location close to train station & within walking distance of Town Centre
- Private and secure parking space
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: D
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Yes
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £280,000, £5,600 Min Deposit. Calculated using a representative rate of 5.03%