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2 bedroom apartment for sale

Available

Spring Cup House, 197 Home Straight, RG14 7WW

£114,000 · Shared Ownership Resale

Share percentage 40%, full price £285,000, £5,700 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Parking
£114,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £285,000, £5,700 Min Deposit.

Monthly Cost: £1,094
Rent £402, Service charge £57, Mortgage £635*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Bright and spacious first-floor two-bedroom apartment in Newbury

Description

This bright and spacious first-floor two-bedroom apartment is situated in an exclusive block of four properties at the quiet end of the Newbury Racecourse development. The property features an open-plan living-dining area and a separate, generously sized kitchen with space for a tall fridge, washer/dryer and dishwasher. The master bedroom has French doors opening onto a large south-facing balcony. Across the hall is a generous second bedroom and bright, modern bathroom.
Residents enjoy access to a communal garden with a patio, seating area, and one allocated parking space. Visitor parking is available. Ideally located within walking distance of Newbury Racecourse station, offering direct train links to London and Reading, and close to local amenities, green spaces, and nature reserves.

Key Features

Exclusive setting in the Newbury Racecourse development with community feel
Spacious and bright layout throughout
Large, private south-facing balcony
Allocated parking + visitor parking
Walking distance to train station, local amenities and green spaces/nature reserves

Particulars

Tenure: Leasehold
Lease Length: 123 years
Council Tax Band: B

Property Downloads
Energy Certificate
Map
Newbury Racecourse (0.95 miles) Newbury Station (1.56 miles) Thatcham (1.89 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£114,000
Shared Ownership Resale
Estimated Monthly Cost:£1,094
Rent £402
Service Charge £57
Mortgage £635

Share percentage 40%, full price £285,000, £5,700 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.