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1 bed flat for sale

£78,000 (£163/sq. ft) Shared ownership

Plots 85, 101 & 109 Newbury Racecourse, Selkirk House, Kingman Way, Newbury Berkshire RG14

1 1 479 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 1635 726906 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Plots 85,101 & 109

Stylish 1 bedroom apartments available with shared ownership located within the vibrant new racecourse community. These quality properties are truly affordable, thanks to shared ownership, a simple and manageable way to own your own home.

Buy an initial share in your home and pay a discounted rent on the rest. Then, as your finances allow, you can purchase further shares in your home as and when you choose, until you own it outright.

40% share price - £78,000
Full market price - £195,000
Monthly rent - £243.75
Monthly service charge - £130.11

Features

  • Modern fitted kitchen with oven, hob & extractor fan
  • Stylish bathroom suite with shower
  • Large balcony
  • Master bedroom benefiting from built in wardrobe
  • Allocated parking

    The redevelopment of Newbury Racecourse will create a vibrant new community which hosts exciting race days, lively concerts and events that pull crowds locally, nationally and internationally. Living at The Racecourse will offer residents all the benefits of being located on the edge of Newbury town centre, close to local amenities and attractions. The deadline for applications for these homes is Friday 10 April.

    Applicants must be registered on West Berkshire common housing register.

    Area information

    Newbury is a quaint market town located in West Berkshire. It is a popular place to live with people of all ages. It is well situated for access to the A34 and M4, getting you to Oxford and Reading in good time. By rail you can be in London in just over an hour.

    What to do nearby

    Spend the day exploring the Avon and Kennet waterways, and by evening take in a play at The Watermill. Catch a film at Vue Cinema, or shop til you drop at Parkway Shopping. Whatever your interest, Newbury has something to keep you entertained.

    Local amenities

    Newbury has a fantastic range of shops, restaurants and supermarkets.
  • Floorplan(s): Floorplan 1

    View original

    Market activity
    Average price paid £349,324 Sales 575 Current average value £375,823 (Zoopla Zed-Index) Value change £10,521 ▲ 2.88%

    Property value data/graphs for RG14

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £583,432 £370 3.9 £507,929
    Semi-detached £380,465 £344 3.2 £359,974
    Terraced £305,246 £340 2.7 £317,673
    Flats £240,703 £362 1.8 £242,021

    Current asking prices in RG14

    Average: £329,695
    Avg. current asking prices in RG14
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £203,983
    (6)
    £266,505
    (30)
    £353,369
    (61)
    £501,127
    (37)
    £747,857
    (14)
    Flats £181,757
    (46)
    £244,195
    (79)
    £513,750
    (4)
    - -
    All £184,321
    (52)
    £250,336
    (109)
    £363,239
    (65)
    £501,127
    (37)
    £747,857
    (14)

    Current asking rents in RG14

    Average: £1,010 pcm
    Avg. current asking prices in RG14
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £685 pcm
    (7)
    £1,291 pcm
    (8)
    £1,240 pcm
    (15)
    £1,525 pcm
    (2)
    -
    Flats £726 pcm
    (30)
    £1,040 pcm
    (46)
    - - -
    All £718 pcm
    (37)
    £1,077 pcm
    (54)
    £1,240 pcm
    (15)
    £1,526 pcm
    (2)
    -

    Fun facts for RG14

    Highest value in RG14
    Highest value streets Zed-Index
    Tydehams £1,350,232
    Garden Close Lane £1,033,510
    The Grange £985,550
    Heather Gardens £921,068
    Speen Lane £819,361
    Highest turnover in RG14
    Highest turnover streets Turnover
    The Maltings 58.5%
    Western Avenue 57.1%
    Pembroke Road 57.1%
    Swan Court 55.0%
    Owletts Grove 54.5%

    What Zoopla users think of Newbury

    Overall rating:

    • currently 4 stars
    Very good - 82% (94 ratings)

    Ratings breakdown:

    • currently 4 stars
    Community & safety
    • currently 3.5 stars
    Entertainment & nightlife
    • currently 4 stars
    Parks & recreation
    • currently 4.5 stars
    Restaurants & shopping
    • currently 4.5 stars
    Schools & public services
    • currently 4 stars
    Transport & travel

    Rate Newbury:

    Tell us what you think of this area by rating these categories.
    Please note your vote will only be counted once.

    Community & safety
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Entertainment & nightlife
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Parks & recreation
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Restaurants & shopping
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Schools & public services
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5
    Transport & travel
    • currently 0 stars
    • 4
    • 1
    • 0
    • 3
    • 2
    • 5

    Nearby transport

    • Newbury Racecourse (0.2 miles)
    • Newbury (0.9 miles)
    • Thatcham (2.6 miles)
    • Southampton Airport (31.0 miles)
    • London Heathrow Airport (36.7 miles)
    • Bournemouth Airport (48.7 miles)
    • Southampton Vehicle Ferry Terminal (35.0 miles)
    • Southampton Passenger Ferry Terminal (35.1 miles)
    • Shepperton Ferry Landing (36.5 miles)

    Nearby schools

    View all schools in West Berkshire
    • Fir Tree Primary School and Nursery (0.7 miles)
    • The Willows Primary School (0.8 miles)
    • St Joseph's Catholic Primary School (0.8 miles)
    • Padworth College (7.9 miles)
    • Bradfield College (8.2 miles)
    • Queen Mary's College (13.5 miles)
    • Trinity School (1.3 miles)
    • St Bartholomew's School (1.3 miles)
    • St Gabriel's School (1.5 miles)
    Note: Distances are straight line measurements

    Local info for West Berkshire

    AskMe Q&A for West Berkshire

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    See all AskMe Q&A in West Berkshire

    * Sizes listed are approximations. Please contact the agent to verify actual sizes.

    Arrange Viewing

    For more information about this property, please contact
    Sovereign Living - Newbury Racecourse, RG14 on +44 1635 726906 * (local rate)

    Monthly running costs Beta

    £448 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 7,800
    Repayment term 25
    Interest rate 1.5
    Your payment £280 /mo How Much Could I Borrow

    These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

    Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    Home Insurance

    Rebuild value up to £350,000 Contents value up to £75,000 Average insurance cost £11/mo (£130/yr)
    Compare insurance deals now In partnership with uSwitch
    Home insurance costs explained

    Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

    Source: Autonet Insurance Ltd

    Energy

    Gas £19 Electricity £26 Estimated energy cost £45/mo

    Similar properties could save up to £107

    How Much Could I Save? In partnership with uSwitch
    Energy costs explained

    The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

    Estimated consumption

    Gas: 5200 kWh/year
    Electricity: 1900 kWh/year

    Source: National Energy Efficiency Data Framework

    Council Tax

    Local authority

    West Berkshire

    Estimated tax band A Council tax cost £112 /mo
    when paid over 10 months
    Council tax costs explained

    The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

    Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

    Contact Sovereign Living - Newbury Racecourse about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sovereign Living - Newbury Racecourse, and do not constitute property particulars. Please contact Sovereign Living - Newbury Racecourse for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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