Summary - Kingman Way, Newbury, Berkshire, RG14 RG14 7GP
2 bed 1 bath Apartment
40% shared ownership two-bedroom flat with balcony and allocated parking near Newbury Racecourse.
Open-plan living with balcony and good natural light
Two genuine double bedrooms, modern family bathroom
Allocated off-street parking and secure entry system
40% shared ownership — share price £100,000, rent £428.27 pcm
Annual service charge c. £2,351.76; monthly c. £195.98
Leasehold with c.116 years remaining; title under review
Community heating system — check how bills and maintenance work
No garden; suited to buyers preferring town-centre living
A bright two-double-bedroom fourth-floor apartment offered for 40% shared ownership, ideal for first-time buyers seeking an affordable step onto the Newbury market. The apartment has an open-plan living/kitchen area with sliding doors to a private balcony, bringing natural light into the main living space. Allocated off-street parking and a secure entry system add everyday convenience in a town-centre location.
Practical running costs should be noted: the resale share price is £100,000 with a monthly rent of approximately £428.27 and an annual service charge around £2,351.76 (c. £196 pcm). Heating is provided via a community scheme rather than individual gas boilers; prospective buyers should confirm how this affects bills and maintenance responsibilities. The property is leasehold with about 116 years remaining and the title is under review for any covenants or restrictions.
Finished to a modern standard and set within a well-maintained development close to Newbury Racecourse station (under 0.3 miles), this apartment suits those who prioritise location and low-entry cost over private outdoor space. It will appeal to first-time buyers or investors comfortable with shared-ownership terms; buyers wanting full ownership, a garden, or extensive DIY potential should consider the tenure and running costs carefully.
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