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£107,500

Newbury, Berkshire, RG14

  • 2 beds
Flat

£107,500

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£491 per month

Minimum deposit amount:

£5,375
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Property Description

This well-presented two-bedroom second-floor apartment with balcony and alloacted parking offers a fantastic opportunity to step onto the property ladder through the shared ownership scheme. With a minimum share of 50%, this property also offers no onward chain.

Property Details

This well-presented two-bedroom second-floor apartment offers a fantastic opportunity to step onto the property ladder through the shared ownership scheme. With a minimum share of 50%, this home is ideal for first-time buyers looking for an affordable way to own a modern property in a sought-after location.Inside, the apartment features a bright and airy open-plan living and kitchen area, two bedrooms, and a family bathroom. The home is located within a secure, well-maintained building and benefits from allocated parking and access to communal areas.The property is leasehold, with 125 years from 15/12/2006. The shared ownership rent is currently �382.27 per month and the service charge is �180.44 per month, both subject to annual review. West Berkshire Council tax band is C.Priority is given to applicants who live and/or work within the West Berkshire local authority area.The housing association will expect buyers to purchase the largest share they can afford, with the minimum being 50%. Based on this minimum share and a 10% deposit, the guideline minimum income is �41,100 for a single applicant or �34,800 for a joint application.Whether you�re a professional commuting nearby, a couple starting out, or looking to downsize into something low-maintenance, this apartment offers comfort, convenience, and a realistic path to home-ownership.

Council tax band C

If you'd like to talk to us about this property, quote reference 5958357 when calling.
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