Summary -
Flat 2,16 Craven Road,NEWBURY,RG14 5NE
RG14 5NE
1 bed 1 bath Maisonette
Walk to the station with allocated parking and low-maintenance living.
No onward chain; immediate occupation possible
Allocated off-street parking included
Share of freehold; no ground rent payable
Service charge £1,010 per year
Just 61 years remaining on lease — lenders may refuse mortgage
Compact total size (approx 367 sqft), small garden/plot
Town-centre location; minutes from mainline rail station
Local area records higher crime levels than average
This ground-floor one-bedroom maisonette sits a short walk from Newbury’s mainline station, offering true low-maintenance central living with its own front door and allocated parking. The layout is compact and practical: entrance lobby, kitchen with extra storage, living/dining room, bedroom and shower room — presented in good order for immediate occupation.
Key ownership features are positive: share of freehold, UPVC double glazing, no ground rent and a modest annual service charge of £1,010. The property is chain-free, making it straightforward for a quick move or buy-to-let purchase for a cash buyer.
Important lease information is a material drawback: just 61 years remaining on the lease. Many mortgage lenders refuse to lend on properties with short leases, so purchasers should be prepared to fund the purchase with cash or to budget for a lease extension. The area records higher-than-average crime levels; viewings and future insurance or lettings enquiries should take local safety and lender requirements into account.
Overall this is a practical central flat for a pragmatic buyer who values location and convenience over space. It suits someone seeking easy access to transport, town amenities and low-running maintenance — provided they address the short lease before committing.
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