3 bed terraced house for sale

The Oaks, Newbury, Berkshire RG14

This superb modern home is available to buy from as little as £146,000 with 40% share!

This beautifully presented three-bedroom family home offers a perfect blend of modern living and practical functionality. The ground floor features a generously sized living room, ideal for relaxing or entertaining, and a bright kitchen/dining room with plenty of space for family meals. Completing the ground floor is a convenient downstairs WC and a useful storage cupboard, offering additional practicality for everyday living. Upstairs, you’ll find three well-proportioned bedrooms and a family bathroom, providing ample space for a growing family, home offices, or guest accommodation.

Situated in a highly desirable location in Newbury, this property enjoys excellent transport links, including easy access to the A34 and nearby Newbury railway station, with frequent services to London and surrounding towns. The home is also close to a wide range of local amenities, including supermarkets, independent shops, cafes, restaurants, and leisure facilities. Families will appreciate the proximity to highly regarded schools and beautiful green spaces, perfect for outdoor activities. With its thoughtful layout, bright interiors, and convenient location, this property represents an ideal opportunity for families, first-time buyers, or those looking to settle in a vibrant and well-connected part of Berkshire.
Pricing & affordability


Full Market Value: £365,000

40% Share Price: £146.000 (rent £37.22pcm)
Minimum 5% Mortgage Deposit (5% share): £7,300
Approximate Service Charges: £532.01pcm*
Lease: 78 years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000/£90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £365,000 and a purchaser would not need to meet the eligibility criteria listed above.