Summary - 20 Selkirk House, Kingman Way, NEWBURY RG14 7GP
2 bed 1 bath Apartment
Sunny west-facing balcony with allocated parking close to town and station.
40% shared ownership; option to buy more after two years
This two-bedroom upper-floor apartment in Newbury Racecourse offers an accessible entry into local ownership via a 40% shared ownership scheme. The living room opens onto a full-width, west-facing balcony that catches pleasant afternoon sun, creating a bright space for relaxing or entertaining. Allocated off-street parking and lift access to all floors add everyday convenience.
The practical layout includes two double bedrooms with built-in wardrobes, a centrally positioned bathroom with shower-over-bath, and a kitchen area with built-in oven, hob and extractor. Hot water and heating are provided by the building’s communal plant, managed through the service charge—handy for maintenance but limiting individual control over systems. Lease length is healthy at 116 years.
Important purchase details: this is a 40% shared ownership sale with the option to buy additional shares after two years. Rent, buildings insurance, service charge and ground rent are combined into a monthly payment of £619.14, so ongoing costs extend beyond mortgage payments. There is no onward chain, which can speed completion.
Located within walking distance of Newbury town centre and the mainline station, the apartment suits first-time buyers or investors seeking a modern, low-maintenance base near amenities. Be aware that shared ownership constrains full market freedom and communal heating means limited control over energy supply and costs.
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