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: £1,223
Rent £442,
Service charge £202,
Mortgage £579*
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
2 Bed Apartment for Resale in Newbury
Description
A well-presented second-floor apartment has been well maintained and boasts an open plan living/dining room and kitchen with sliding doors opening onto a large balcony with a glass balustrade.
The property comprises two double bedrooms, including one with a built-in wardrobe, a modern bathroom with a enclosed bath and an overhead shower. Further benefits include a large storage cupboard in the hallway.
It is situated within a secure gated complex within the popular racecourse development, with the apartment building offering lift access. There is a bus service and train station just a short walk away and the main town centre just a 15-minute walk.
Key Features
- Modern fitted kitchen with built in oven, hob and extractor
- Gated secure parking
- Balcony
- Two double bedrooms
- Situated in a gated community
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
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 £260,000, £5,200 Min Deposit. Calculated using a representative rate of 5.03%
