1 Bed Apartment, Chatham House

Shared Ownership resale

£88,000

Based on buying a 40% share

Newbury, RG14 7GJ

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Features

  • Modern home with outside balcony space
  • Well presented with good storage and open kitchen
  • Allocated parking
  • Close to Newbury town centre and train stations
  • Situated at Newbury Racecourse
  • A local connection to West Berkshire is required

Extra information

Description

Modern apartment with open/plan living room & kitchen with sliding french doors opening onto a private balcony.

Large bathroom with bath & shower + built-in cupboard storage. Master bedroom benefits from built-in double wardrobe + access to the balcony. 

Apartment has a central hallway connecting the rooms, which also includes a large storage/utility cupboard.

This property has an allocated parking space + also benefits from additional parking in the guest carpark if required. 

A short walk from Newbury town centre & train station, Newbury Racecourse train station is under 5 minutes walk away, as is the local corner shop & pub.

Situated on the popular Newbury Racecourse development.

Monthly cost of ownership

  • Estimated mortgage payment £474.67
  • Service charge £183.97
  • Estimated monthly rent £341.92
  • Estimated monthly total £1,000.56

If these figures are blank, the costs may not yet be known. This calculator starts by calculating a 95% mortgage value - based on a 5% deposit requirement, and with a mortgage interest rate of 5.5% over 30 years. Your IFA will talk to you about how interest rates can be fixed, often for two years at a time. The figures and information provided by this tool are for illustration purposes only. Rent and services charges are subject to change and should be confirmed by the sales consultant. Your home may be repossessed if you do not keep up repayments on your mortgage.

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Find out how Shared Ownership works

Read our seven simple steps to buying a home with Shared Ownership

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Location


  • A local connection to West Berkshire Council is required

Jasmine and James's story

A lot has changed in the last year for James and Jasmine (both 24) since buying their first home together, but not their enthusiasm for how shared ownership with Sovereign Living helped them get on the property ladder in Thatcham

Read more
Jasmine and James in the kitchen of their shared ownership home
“ My Shared Ownership home two years on

Jasmine and James

FAQs