40% shared ownership two-bedroom apartment with balcony and parking near Newbury station..
40% shared ownership available, approximate 115 years lease remaining
Allocated undercroft parking plus visitor spaces nearby
Spacious open-plan living room with fitted kitchen and balcony
Total monthly rent & service charge £605.75 (includes buildings insurance)
Heated via community scheme — may incur additional running costs
One bathroom; two double bedrooms, main with built-in wardrobes
Fast broadband and excellent mobile signal, near mainline station
Suitable for first-time buyers or downsizers, not a freehold house
This bright two-bedroom apartment on Racecourse Road offers an accessible route onto the property ladder via a 40% shared ownership share. At about 718 sq ft the apartment makes efficient use of space with a generous open-plan living/dining room, a fitted kitchen, and a long balcony ideal for outdoor dining or watching the races.
Practical comforts include an allocated undercroft parking space accessed from the communal hall, built-in wardrobes in the main bedroom, a hallway laundry cupboard, and radiator heating connected to a community scheme. The development benefits from fast broadband, excellent mobile signal, an on-site Nuffield gym and a level walk into Newbury town centre and mainline station (regular services to London Paddington).
Important factors to note: this is a leasehold property sold as shared ownership (40% share) with approximately 115 years remaining on the lease. Total monthly rent and service charge is £605.75 (including buildings insurance) which covers communal maintenance and services; the apartment is heated via a community scheme which may have separate running costs. The home has one bathroom and will suit buyers comfortable with apartment living rather than a larger family house.
Overall this apartment is a practical, well-presented home for a first-time buyer or someone downsizing who values convenient transport links, allocated parking and usable outdoor space, while accepting the obligations and costs that come with leasehold shared ownership.