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2 bed Flat For Sale £72,000
Arbor House, Gaywood Drive, Newbury, Berkshire RG14


Description
Key features:
  • Guideline Minimum Deposit £7,200
  • Guideline Income Dual £19.6k Single £23.5k
  • Ground Floor
  • Approx. 701 Sqft Gross Internal Area
  • Semi-Open-Plan Kitchen/Reception
  • Double Glazing and Gas Central Heating
  • Parking Space
  • Town Centre Within Easy Reach

Full description:
shared ownership (Advertised price represents 40% share. Full market value £180,000). A ground-floor, two-bedroom flat in a modern development in semi-rural West Berkshire. The countryside surrounding Newbury is part of the North Wessex Downs area of outstanding natural beauty and is criss-crossed by the picturesque rivers Lambourn and Kennet. The region is also known for its top-class racecourse. The centre of Newbury has a shopping district with a healthy mix of well-recognised names and local independents and can be reached via bus or short bike ride. This property features a reception room with semi-open-plan kitchen and direct access to the communal garden. The bedrooms are both good-sized doubles, there is a simple, white-tiled bathroom and some useful built-in hallway storage space. The energy-efficiency rating is good, thanks to well insulated walls, double glazing and gas central heating. The flat comes with use of a parking space.

Tenure: Leasehold (125 years from 2006).
Minimum Share: 40% (£72,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £257.79 per month (subject to annual review).
Service Charge: £133.32 per month (subject to annual review).
Guideline Minimum Income: Dual £19,600 Single £23,500 (based on minimum share and 10% deposit).
Council Tax: Band C, West Berkshire Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Ground Floor

Reception
22' max. X 14' 10" max. (6.71m x 4.52m)

Kitchen

Bedroom 1
12' x 11' 6" (3.66m x 3.51m)

Bedroom 2
11' 6" x 9' 8" (3.51m x 2.95m)

Bathroom

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