2 bedroom apartment for sale
Selkirk House, Kingman Way, RG14 7GP
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Monthly Cost: £1,183
Rent £402,
Service charge £179,
Mortgage £602*
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.
Summary
2 bed apartment for resale with Shared Ownership
Description
Beautifully presented fifth floor 2 bedroom flat with balcony on the popular Newbury Racecourse development, perfect for individuals or couples looking to step onto the property ladder.
This property has a spacious open-plan living, kitchen, and dining area, designed for modern living. Floor to ceiling windows invite an abundance of natural light, creating a warm and welcoming atmosphere.
There are two double bedrooms, one of which includes a built in wardrobe and a family sized bathroom with heated towel rail, and a storage cupboard in the hallway.
A spacious balcony also boasts far reaching views across Newbury and the surrounding area.
The town centre is just a short walk away, with regular buses from the racecourse entrance and a nearby train station.
A local connection to West Berkshire is required.
Key Features
- Open-plan kitchen/living/dining
- 2 double bedrooms, one with built in wardrobe
- Spacious balcony
- 1 allocated parking space
- Excellent road links (M4, A34 & A339)
- Convenient travel links to Reading & London Paddington
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
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 £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.03%