A first floor studio flat with balcony conveniently situated a short walk from Newbury town centre and railway station. Accommodation comprises communal entrance with door entry system and stairs up to the front door. There is a private entrance hall, living room/bedroom with fitted wardrobes, shelving and patio doors onto a balcony. There is a kitchen and bathroom with shower handset over bath. The property has electric heating and double glazing. Outside there is communal parking.Lease -189 years from 1971.Service charge approx £1159.32 for year 2025/2026.Ground rent – £10 per annum.There is currently a tenant in situ on a rolling periodic tenancy (2 months notice) paying £675pcm – so the property can be sold with tenant or vacant possession.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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