One-bedroom third-floor apartment with lift access
A bright one-bedroom third-floor apartment in Avonbank Lodge, designed for low-maintenance retirement living close to Newbury town centre. The living room and double bedroom receive good natural light; the kitchen is fully fitted with integrated appliances and a useful hallway storage cupboard. Lift access and communal gardens make daily life easy, while an on-site lodge manager and 24-hour Careline provide added security and support.
The development offers practical communal facilities including owners’ lounge with regular events, a guest suite for visitors, and an owners’ private car park. Heating is provided by a communal air-source system and its cost is included in the service charge, simplifying household bills. The apartment comes with a long lease (approximately 116 years remaining).
Notable running costs and considerations: the annual service charge is around £3,080.28 and ground rent is £815.94 per year (next review due June 2031). The property sits in a higher-crime area by local statistics — a factor to weigh when assessing personal comfort and security despite the lodge’s alarm and entry systems. Broadband speeds are average and some residents may miss faster connectivity.
Well suited to a single occupier or couple seeking a sociable, low-maintenance retirement base with easy access to Newbury’s amenities and transport links. Buyers should budget for the ongoing service and ground rent commitments and note the communal nature of heating and maintenance arrangements.
