£55,000
2 bed flat for saleOverbridge Square, Newbury, Berkshire RG14
2 beds
2 baths
1 reception
EPC Rating: D
- New home
- Shared ownership
- Leasehold
Gascoigne Pees - Tadley
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About this property
Part of the UK's big open house event on the 10th May & 17th May. Call for viewing arrangements!
Gascoigne-Pees are delighted to offer to the market this stylish brand new two bedroom apartment in the popular Overbridge Square development. This apartment offers spacious modern living with allocated parking and good access to Newbury Racecourse Train Station.
Each of these wonderful 2-bedroom apartments features an open kitchen/living/dining area, built-in storage and 2 double bedrooms. The main bedroom also features an en-suite bathroom. The apartment boasts a contemporary finish with smeg integrated appliances meaning it's ready to move into.
Key features include
• Ensuite to the main bedroom
• Underfloor electric heating throughout
• Superfast fibre broadband connection
• Video and intercom entrance system
Call now to book a viewing!
Financial Breakdown:
Full market value: £220,000
25% share value: £55,000
5% deposit: £2,750
Monthly Rent on un-owned share (75%) £379
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information
o Please note images used in this listing are for illustration purposes and are not exact to the property.
O EPC and Council Tax are to be determined
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More information
Tenure
Leasehold (247 years)
Service charge
£1,648 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review