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Floor Plan
EPC

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page

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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£0.0 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£1500.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

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Material Information


Features

  • Ground floor apartment
  • One double bedroom
  • Living/dining room
  • Separate kitchen
  • Minutes from the town centre and rail station
  • Allocated off-road parking including visitors spaces
  • Security entry system
  • No onward chain
  • Lease has 125 years from 2023. Service Charge: £1500 per annum. No Ground Rent.
  • INVESTORS ONLY NEED APPLY

Nearest Stations

  • Newbury Rail Station - 0.3 miles
  • Newbury Racecourse Rail Station - 0.9 miles
  • Thatcham Rail Station - 3.7 miles
  • Kintbury Rail Station - 5.0 miles

One double bedroom ground floor apartment conveniently located within just a short walk to the town centre and rail station. The accommodation comprises, communal entrance and hall, own entrance, hall, living/dining room, kitchen, double bedroom and bathroom. Benefits include an increased lease to 125 years from 2023, allocated off-road parking plus visitors spaces and bike store. INVESTORS ONLY, AS SOLD WITH TENANT IN SITU. Current rent £900pcm. Gross annual yield 7.2%.

Location
The pretty market town of Newbury offers a wide range of shopping facilities including a twice weekly local market, pedestrianised high street with local and national retail stores and major grocery outlets. There is a variety of cafes, restaurants and bars, a multi-screen cinema and the historic Corn Exchange theatre.  There is a major rail station with direct links to London Paddington, the City of London and the West Country, and excellent access to the M4/A34 junction.

Property Ref: S1648422

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