A one bedroom property situated in the prestigious Avonbank Lodge site, managed by Churchill Living and exclusively for Over 60s. The flat has inbuilt appliances, including washing machine and use of the communal facilities, including a modern reception room with entertainment area. Gated Parking
Property Details
Avonbank Lodge is a delightful development of 59 one and two bedroom retirement apartments situated on West Street, Newbury. The Lodge and the apartment are heated by a communal Air Source Heating. The costs for the heating are included in the service charges.
Located in West Berkshire, 50 miles south west of London, the market town of Newbury has good transport links via bus, rail and road.
Avonbank lodge is ideally located close to the centre of Newbury where you will find a range of national retailers, coffee shops and eateries as well as independent traders. An open-air market is held every Thursday and a Farmers market is held each month in the town.
The Lodge manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A Guest Suite is available for your friends and family to stay in. In addition, you are entitled to use of the Guest Suites at all Churchill Living developments across the country. Prices are available from the Lodge Manager.
Avonbank Lodge has been designed with safety and security at the forefront. The apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team. A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Avonbank Lodge is managed by the award-winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Avonbank Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55.
Service Charge (Year ending 31st May 2025): £3,111.39 per annum.
Ground rent: £815.94 per annum. To be reviewed June 2031.
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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