Summary - Flat 18 Heathfield House, Carpenters Close RG14 5AR
2 bed 1 bath Apartment
Affordable shared ownership close to stations and town centre for first-time buyers.
Two bedrooms in a modern 2019 ground-floor apartment
Approximately 614 sq ft (compact layout), five rooms overall
Two allocated off-street parking spaces; visitor parking available
40% shared ownership available from £104,000; rent £437.55 pcm
Option to staircase to 100% ownership; full price £265,000
119-year lease remaining; estimated service charge £1,074.48 yearly
Medium flood risk and higher local crime — affects insurance/security
Small size and average broadband speeds; Nest-controlled heating included
A modern two-bedroom ground-floor apartment built in 2019, offered via shared ownership with a 40% share from £104,000. The flat is compact (approx. 614 sq ft) but well laid out, with a bright open reception and fitted kitchen, two bedrooms, and contemporary bathroom. Two allocated parking spaces and on-site visitor parking are rare bonuses for central Newbury.
The location suits first-time buyers and commuters: it sits between Newbury’s two train stations, a 5–10 minute walk to the town centre, and close to A34/M4 links. The home comes with Nest-controlled central heating, a long 119-year lease and the option to staircase to 100% ownership (full price £265,000). Service charges are moderate and set out clearly alongside the rent figure for the unsold share.
Be clear about the constraints: this is a leasehold shared-ownership property with eligibility criteria, a monthly rent on the unsold share (£437.55 on a 40% purchase), and an annual service charge (approx. £1,074.48). The flat is small in overall size and sits in an area with higher-than-average crime and a medium flood risk — both factors to consider for insurance and security.
For purchasers who meet shared-ownership eligibility, this apartment offers an affordable route onto the property ladder in a convenient town-centre location, with straightforward potential to buy more equity later. Buyers needing more space, or who prefer outright ownership without rental payments, should note the full-market purchase option and factor in the location’s safety and flood considerations.
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