Kingman Way, Newbury, Berkshire, RG14
Under offer
2 beds | 1 bath | 1 reception | Guide price £110,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- 40% shared ownership
- Newbury Racecourse development
- Close to train station
- Balcony
- Parking
- Two double bedrooms
- Open plan kitchen/living room
- Lift to all floors
** Virtual tour available ** Shared ownership **
A beautifully presented, third floor apartment enjoying modern, open plan living, with its own BALCONY and far-reaching views across the roof tops of Newbury. NO ONWARD CHAIN.
DESCRIPTION
A superbly presented, two-bedroom, third floor apartment located on the prestigious Racecourse development, enjoying far reaching westerly views across the rooftops of Newbury towards Donnington Castle. The accommodation comprises communal entrance hall, with staircase and lift, giving access to all floors, private entrance hall into the apartment with security video entry system, and a utility cupboard. There is a large, modern, open plan, dual aspect living/dining space which incorporates a stylish fitted kitchen with built-in appliances and sliding patio doors opening to the balcony. There are two double bedrooms, and a lovely modern bathroom.
OUTSIDE
Set within a gated development, the apartment benefits from an allocated parking space. There is a generous sized balcony accessed by the patio doors in the living room, enjoying views towards Newbury racecourse.
SERVICES AND MATERIAL INFORMATION
All mains services are connected and the property operates on gas fired central heating.
Council tax band: C
Energy efficiency rating: B
Length of lease (years remaining): 118 years from date of listing
Annual ground rent amount: £400.00
Ground rent review period: Annual
Annual service charge amount: £1,700.00
Service charge review period: Annual
Annual shared ownership rent: £4,800.00
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£400.0
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
ASK AGENT
Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£1700.0
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
118
Shared Ownership A type of lease arrangement wherein you acquire a portion of the property and make rental payments for the remaining portion that you don't possess. Read our glossary page
%
Rent Shared ownership rent is a housing arrangement where tenants pay a combination of rent and mortgage payments to gradually acquire partial ownership of the property. Read our glossary page
£
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