Shared Ownership in Newbury, West Berkshire

1 bedroom Flat

£ 180,000

Equity share:40% / £ 72,000

Stonewater are marketing this spacious shared ownership property on behalf of the vendor. This is a 1 Bedroom that consists of an entrance hallway, kitchen, living room, 1 bedroom and Bathroom. This property benefits from large rooms with high ceilings. The property is located on the top floor with views of Newbury.

There is a 40% share available for £72,000 with the ability to purchase additional shares of up to 100%.

Service charges and rent at the property amount to £324.36.

EPC rating is current ‘C’ with Gas central heating.

Externally you will find parking and a secure cycle store

The property is located close to amenities, town centre and train station. With good commuting links for the M4 and A34.

Eligibility

Shared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.

  • You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
  • You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
  • The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
  • In addition you be required to pay a reduced rent as well as a mortgage.

Are you interested in this shared ownership property? Please fill in the form and we will get back in touch. Thank you.

Property listed on MovingSoon.co.uk by Stonewater Homes Resales.

Please make sure you include a contact number and email address as well as quoting Property ID (#95574) when submitting your enquiry.

  • Parking
  • Shared Ownership Resales

Newbury, RG14 1AQ

Overall Property Price
£ 180,000
Shared Ownership Amount From
40% / £ 72,000
Rental Price
£ 206 per month / 47.58 per week
Estimated Monthly Service Charge
£ 119
ID
95574
Type
Flat
Contract
Shared Ownership
Tenure
Leasehold
Location
West Berkshire / Newbury
Bathrooms
1
Bedrooms
1
Energy Rating
C
Date Listed
Estimated Available From Date
Now
Property Views
173

Stonewater Homes Resales

Suite C Lancaster House Grange Business Park, Enderby Road, Whetstone, Leicester, LE8 6EP
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Shared Ownership in Newbury, West Berkshire

1 bedroom Flat

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