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£56,250

1 bed flat for sale
Kings Road, Newbury, Berkshire RG14

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • New home
  • Shared ownership
  • Leasehold

Gascoigne Pees - Tadley

Logo of Gascoigne Pees - Tadley

About this property

    Part of the UK's big open house event on the 10th May & 17th May. Call for viewing arrangements!

    Welcome to Sterling Gardens, an impressive new development of one- and two-bedroom apartments set around private gardens. This contemporary development benefits from secure allocated parking and is ideally located close to the town centre.

    These modern-day apartments have been thoughtfully designed and are light, airy and stylish. They feature state of the art appliances and fittings throughout providing a feeling of elegant sophistication. The large open plan living area looks out to the stunning residents’ gardens and boasts stunning views over Newbury and the wider countryside making it the perfect place to entertain family and friends. The individually designed contemporary kitchens features Bosch appliances and bring a chic feel, exuding style. The fully fitted symphony kitchen features handleless cupboards and under unit LED lighting. Beautiful bedrooms are a haven of peace for relaxing and unwinding at the end of a busy day. The main bedroom features mirrored fitted wardrobes with shelving and hanging rail. Elegant bespoke bathrooms have luxury features and are complemented by chrome fittings, natural finish floors, wall tiles to create a serene space and heated chrome towel rail.

    Newbury is steeped in history and surrounded by some of the UK’s most outstanding countryside providing the perfect mix of vibrancy and relaxation with a fresh, rural feel. This fabulous location and combination of market town ambience with a wealth of retail and leisure opportunities makes Newbury a sought-after location. On your doorstep you have spectacular surroundings including a vibrant arts scene, fine fining to shopping. Big brand names sit side by side with small independent shops and boutiques offering hidden gems, so you never have to venture far. There’s a bi-weekly market and monthly farmers and artisan market with locally sources goods, a must have for any foodie. Once you’ve shopped until you can drop you can relax is one of the many local bars or cafes.

    Newbury is nestled between the North Wessex Downs and Berkshire Downs in an Area of Outstanding Natural Beauty. An extensive network of public footpaths ensures that within minutes of leaving the town centre you can be immersed in rolling countryside and woodland retreats. Cycle along the towpaths or take the easier option of a relaxing narrowboat trip along the Kennet and Avon Canal.

    Sterling Gardens offers an easy commute to Reading, London, Oxford, Swindon and Basingstoke making it perfectly located for work and leisure. There are excellent transport links by rail, car, bus and cycle paths. Newbury Station and Newbury Racecourse Station are within nearby walking distance where the journey time to London Paddington is just over 40 minutes. Gatwick, Heathrow, Luton, Stanstead, Southampton and Bournemouth Airports are all within easy reach meaning at Sterling Gardens style, connectivity and relaxation go hand in hand.

    Key features include:
    • High-qualify full height double glazed windows
    • Amtico flooring
    • Videophone door entry system
    • TV/ Sky Q provision/ BT fibre broadband point
    • Architecturally and ecologically designed courtyard garden designed to enhance biodiversity
    • Private balcony or terrace to every apartment
    • Lift access
    • Bike storage spaces available
    • Car parking spaces available
    • 10 year build zone warranty cover

    Financial Breakdown
    Full market value: £225,000
    25% share value: £56,250
    5% deposit: £2,813
    Monthly rent on un-owned share (75%): £387

    *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.

    In order to qualify for the shared ownership scheme the household income must be less than £80,000 a year and you can’t own another property (unless Sold Subject to Contract).

    Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.

    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..

    More information

    • Tenure

      Leasehold (990 years)

    • Service charge

      £2,298 per year

    • Council tax band

      B

    • Ground rent

    • Ground rent date of next review

    See all recent sales in RG14

    Property descriptions and related information displayed on this page are marketing materials provided by - Gascoigne Pees - Tadley. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gascoigne Pees - Tadley for full details and further information.