Summary - Flat 10, Taylers Court, Pelican Lane RG14 1AQ
1 bed 1 bath Flat
Affordable town-centre starter with parking and balcony views.
40% shared ownership available at £80,000
Top-floor one-bedroom with high ceilings and small balcony
Large interior (~670 sq ft) — generous room proportions
Separate kitchen; living/dining room layout
Off-street parking included
Leasehold: 82 years remaining — may need prompt extension
Above-average local crime rate — check security and insurance costs
Excellent mobile signal and fast broadband speeds
This top-floor one-bedroom apartment is offered at a 40% shared ownership share for £80,000, providing an affordable route into Newbury town-centre living. The flat is spacious for its type (approximately 670 sq ft), with high ceilings, a separate kitchen, living/dining area and a small balcony with town views. Off-street parking is included, and the building is modern, constructed in the 2003–2006 period.
Practical strengths include fast broadband, excellent mobile signal and mains gas central heating with radiators. The property sits close to the A4 and A34 for road links and is within easy walking distance of local amenities, shops and eateries. Several local primary and secondary schools nearby hold Good Ofsted ratings.
Important facts and potential drawbacks: the lease has 82 years remaining — leaseholders and mortgage lenders often prefer longer terms, so a prompt lease extension may be required and could incur cost. The flat is leasehold and sold as a shared ownership interest (40% share). The local area records above-average crime; buyers should factor this into budgeting and insurance. No flooding risk is recorded.
This home suits a first-time buyer seeking an affordable town-centre base with scope to increase equity over time. It is presented as well maintained but buyers should seek full lease and service-charge details and obtain independent surveys and legal advice on lease extension options before committing.
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