Affordable 40% shared ownership flat with patio, parking and a long lease — ideal for first-time buyers..
Ground-floor flat with west-facing private patio
40% shared ownership — monthly rent and service charge payable
Allocated off-street parking visible from the flat
Two double bedrooms; one bathroom with shower over bath
Separate modern kitchen and medium-sized living room
Long lease remaining (approx. 170 years)
Service charge £105.31pcm; rent portion £515.12pcm
Fast broadband, excellent mobile signal; no flood risk
This ground-floor two-bedroom apartment in Newbury offers an affordable entry on a long lease, ideal for first-time buyers or those downsizing. The property is offered as a 40% shared ownership with the option to purchase a larger share later. A west-facing patio opens to communal gardens, giving private outdoor space and afternoon sun.
The layout is practical: separate modern kitchen, living room, two double bedrooms and a bathroom with shower over the bath. Gas central heating, double glazing and an allocated off-street parking space visible from the flat deliver everyday comfort and convenience. Broadband is fast and mobile signal is excellent.
Running costs include a service charge of approximately £105.31 per month and a rent portion of £515.12 per month for the 40% share; council tax is described as affordable. The lease is long (around 170 years remaining), reducing common leasehold concerns.
The development is contemporary, built 2003–2006, in a generally affluent area with a mix of families and professionals. Local schools include several rated Good and one Outstanding secondary, which will appeal to buyers with children. Note the property has a single bathroom and ongoing shared-ownership rent and service charges — important budget items to factor into affordability.