1 bedroom apartment for sale
Chatham House, Racecourse Road, RG14 7GJ
Share percentage 40%, full price £220,000, £4,400 Min Deposit.
Share percentage 40%, full price £220,000, £4,400 Min Deposit.
Monthly Cost: £950
Rent £331,
Service charge £129,
Mortgage £490*
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.
Summary
1 Bed Apartment for Resale in Newbury
Description
Modern apartment with open/plan living room & kitchen with sliding french doors opening onto a private balcony.
Large bathroom with bath & shower + built-in cupboard storage. Master bedroom benefits from built-in double wardrobe + access to the balcony.
Apartment has a central hallway connecting the rooms, which also includes a large storage/utility cupboard.
This property has an allocated parking space + also benefits from additional parking in the guest carpark if required.
A short walk from Newbury town centre & train station, Newbury Racecourse train station is under 5 minutes walk away, as is the local corner shop & pub.
Situated on the popular Newbury Racecourse development.
Key Features
- Allocated parking
- Modern home with outside balcony space
- Well presented with good storage and open kitchen
- Close to Newbury town centre and train stations
- Situated at Newbury Racecourse
Particulars
Tenure: Leasehold
Lease Length: 115 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 £220,000, £4,400 Min Deposit. Calculated using a representative rate of 5.03%
