1 bed flat for sale

Overbridge Square, Newbury, Berkshire RG14

Gascoigne-Pees are delighted to market this stylish brand new one bedroom apartment in the popular Overbridge Square development available on the shared ownership scheme. This apartment offers spacious modern living and is ideally located near Newbury Racecourse Train Station.

This wonderful apartment features an open kitchen/living/dining area, built-in storage and a good sized bedroom. The apartment boasts a contemporary finish with integrated appliances.

Contact us to book your viewing in!

Financial Breakdown:
Full market value: £215,000
25% share value: £53,750
5% deposit: £2,687.50
Monthly Rent on un-owned share (75%) £369.53

*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.

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 up 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.