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2 bed flat for sale

£90,000 (£129/sq. ft) Shared ownership

Plot 56, Hackwood House, Newbury Racecourse, Kingman Way, Newbury, Berkshire RG14

2 1 700 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 features

  • Balcony
  • Off street parking
  • Central heating
  • Double glazing
  • Flooring throughout
  • Fitted kitchen with oven, hob & extractor

Property description

Plot 56

A stylish 2 bedroom apartment available with shared ownership located within the vibrant new racecourse community. Customers must be registered on West Berkshire common housing register. 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.

Full market price - £240,000
40% share price - £90,000
Monthly rent - £300
Monthly service charge - £124.34

This stylish new home comes with:

  • Modern fitted kitchen with oven, hob & extractor fan
  • Stylish bathroom suite with shower
  • Large balcony
  • Master bedroom with built-in wardrobe
  • Carpets throughout
  • Light fittings in bedrooms and living room
  • Allocated parking

    Living at The Racecourse offers residents all the benefits of being located on the edge of Newbury town centre, close to local amenities and attractions. The redevelopment of The Racecourse is creating a vibrant new community which hosts exciting race days, lively concerts and events.

    Customers must be registered on West Berkshire common housing register.

    These apartments are offered with a pre-agreed contract for energy, supplied by eon. Purchasers will be required to pay a fee towards the heat interface unit, estimated at £345 per annum.

    Front door:

    Hallway Cupboard. Door to:

    Bathroom Fitted suite comprising WC, hand basin and bath with shower attachment.

    Bedroom 2 3501mm x 3249mm Double glazed window.

    Bedroom 1 2684mm x 4848mm Double glazed window.

    Kitchen/Living/Dining 4921mm x 4818mm Fitted units with oven, hob and extractor, sink with draining board. TV and telephone points, double glazed window and door leading to private balcony.

    1 parking space.

    Local Area

    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.
  • Property info

    Floorplan(s): Floor Plan

    Floor Plan View original

    Market activity
    Average price paid £351,991 Sales 579 Current average value £358,930 (Zoopla Zed-Index) Value change -£9,573 ▼ -2.60%

    Property value data/graphs for RG14

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £553,399 £350 3.9 £512,665
    Semi-detached £363,484 £330 3.2 £364,214
    Terraced £295,382 £329 2.7 £331,540
    Flats £230,359 £350 1.8 £247,108

    Current asking prices in RG14

    Average: £332,423
    Avg. current asking prices in RG14
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £209,129
    (7)
    £283,616
    (31)
    £350,567
    (72)
    £533,994
    (32)
    £748,571
    (14)
    Flats £185,966
    (44)
    £259,828
    (93)
    £366,650
    (3)
    - -
    All £189,145
    (51)
    £265,775
    (124)
    £351,210
    (75)
    £533,994
    (32)
    £748,571
    (14)

    Current asking rents in RG14

    Average: £1,039 pcm
    Avg. current asking prices in RG14
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £655 pcm
    (5)
    £1,275 pcm
    (4)
    £1,264 pcm
    (10)
    £1,512 pcm
    (6)
    -
    Flats £839 pcm
    (34)
    £1,060 pcm
    (62)
    £962 pcm
    (2)
    - -
    All £815 pcm
    (39)
    £1,073 pcm
    (66)
    £1,213 pcm
    (12)
    £1,512 pcm
    (6)
    -

    Fun facts for RG14

    Highest value in RG14
    Highest value streets Zed-Index
    Tydehams £1,281,736
    Garden Close Lane £973,208
    The Grange £934,998
    Heather Gardens £875,084
    Speen Lane £778,972
    Highest turnover in RG14
    Highest turnover streets Turnover
    Pembroke Road 66.7%
    Western Avenue 57.1%
    The Maltings 56.1%
    Swan Court 55.0%
    Owletts Grove 54.5%

    What Zoopla users think of Newbury

    Overall rating:

    • currently 4 stars
    Very good - 82% (97 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

    Ask a question

    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

    £511 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 9,000
    Repayment term 25
    Interest rate 1.5
    Your payment £323 /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 £150,000 Average insurance cost £17/mo (£203/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 £25 Electricity £34 Estimated energy cost £59/mo

    Similar properties could save up to £193

    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: 7000 kWh/year
    Electricity: 2500 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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