Low-maintenance central flat minutes from Newbury station, ideal for first-time buyers or investors.
- First-floor studio with L-shaped living/bedroom
- South-facing windows and UPVC double glazing
- Fitted kitchen and bathroom in good condition
- Ample communal off-street parking and gardens
- 960-year lease, nominal £1 ground rent
- Service charge £789 (below average) — check frequency
- Electric storage heaters; running costs can be higher
- Small footprint; best for single occupant or investor
A compact, well-kept first-floor studio ideal for a first-time purchase or buy-to-let investor. The L-shaped living/bedroom maximises usable space and benefits from a south-facing aspect and UPVC double glazing, making the apartment bright and economical to heat when used alongside the electric storage heaters. The fitted kitchen and bathroom are in good order and the building sits in well-maintained communal grounds with ample off-street parking.
Practical strengths include an exceptionally long lease (960 years), low ground rent, and a below-average service charge, which together reduce ongoing ownership costs. The location is a strong commuter draw: Newbury town centre and the mainline station are within easy walking distance (around 0.6 miles), while local schools and low-crime neighbourhoods add stability and appeal.
Important considerations: the property is leasehold and heated by electric storage heaters, which can be more expensive to run than gas where available. The accommodation is small (studio layout) and best suited to a single occupant, couple, or investor seeking a low-maintenance let. Buyers should budget for routine communal maintenance and confirm exact service charge frequency and inclusions before committing.
Overall, this studio offers straightforward, low-maintenance living with strong transport links and long-term security from its lengthy lease — a practical step onto the property ladder or a manageable addition to an investment portfolio.