2 bed flat for sale

Kings Road, Newbury, Berkshire RG14

Over 50% sold and deposit incentive worth up to £5,000 available!**

shared ownership two bedroom apartment available to purchase at a 25% share of £78,125 with a minimum 5% mortgage deposit of £3,906.25. Call today to arrange your appointment to view!

Welcome to Sterling Gardens, a stunning collection of contemporary apartments set around beautifully landscaped private gardens. Perfectly positioned within easy reach of Newbury town centre, these homes offer the ideal blend of modern comfort and convenience, with secure allocated parking*.

Each apartment has been thoughtfully designed to maximise light and space, creating stylish and airy interiors throughout. The spacious open-plan living areas are perfect for relaxing or entertaining, with large windows offering attractive views across the residents’ gardens.

The sleek, fully fitted Symphony kitchens are a standout feature, complete with Bosch appliances, handleless cabinetry and under-unit LED lighting, delivering both functionality and a modern, high-quality finish.

Generously sized bedrooms provide a peaceful retreat, with the main bedroom benefiting from fitted mirrored wardrobes for added storage and style. Contemporary bathrooms are finished to a high specification, featuring elegant tiling, chrome fittings and heated towel rails, creating a calm and luxurious space.

Newbury is a vibrant and historic market town, renowned for its mix of independent shops, high street brands, cafes, bars and restaurants. Regular farmers’ and artisan markets add to the charm.

Surrounded by the stunning North Wessex Downs Area of Outstanding Natural Beauty, the area offers endless opportunities for walking, cycling and outdoor pursuits, all just moments from your doorstep.

Sterling Gardens is ideally located for commuters, with excellent transport links by road and rail. Newbury and Newbury Racecourse stations are within easy reach, offering direct services to London Paddington in approximately 40 minutes. There is also convenient access to Reading, Oxford, Swindon and Basingstoke, as well as several major airports.

Financial Breakdown
Full market value: £312,500
25% share value: £78,125
5% deposit: £3,906.25
Monthly rent on un-owned share: £537.11

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 from 10% 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 Properties are sold as seen

*The car parking is £30 annually

**Offer available at Sterling Gardens and on selected plots only. Deposit incentive available up to 5% of the share value purchased and capped at a maximum of £5,000. Not available in conjunction with any other offer. Offer to be received upon legal completion and will be taken off the completion statement, no cashback alternative available. The developer has the right to withdraw this offer at any time. Please speak to the local Gascoigne-Pees estate agent selling this new home development for further information.