Exterior
Kitchen/living room
Kitchen
Bedroom
Bathroom
Balcony

1 Bed Apartment, Selkirk House

Shared Ownership Resale

£57,500

Based on buying a 25% share

Newbury, RG14 7GP

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Features

  • Close to excellent transport links and walking distance to Newbury town centre
  • Allocated undercroft parking space
  • Large private balcony, running full length of the property
  • Close access to premium gym and swimming facilities, located on the Racecourse site itself

Extra information

Description

This spacious, well maintained, one-bedroom apartment offers an ideal investment for first time buyers. With excellent and convenient transport links due to proximity to Newbury Racecourse train station, this property is also ideally situated within walking distance of Newbury town centre.

Located on the first floor, and accessed via either stairs or large lift, this property benefits from a large private recessed balcony with patio door access.

Large king size master bedroom has multiple sockets and TV aerial point, as well as spacious built in wardrobe. Additional shelving at the top of the wardrobe allows for maximum use of the space. The kitchen has a built in electric oven, hob and extractor hood.

Please note, there is a local connection requirement to West Berkshire.

Plans

Floor plan Floor plan

Monthly cost of ownership

  • Estimated mortgage payment £310.15
  • Service charge £174.83
  • Estimated monthly rent £431.21
  • Estimated monthly total £916.19

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


  • Customers must have a local connection to West Berkshire Council

  • EPC: C

  • Staircasing Restriction - Min 10%

FAQs