Flat for sale in Newbury, West Street, RG14 : Newbury : NEW240374

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2 bedroom flat, West Street, Newbury RG14 - Available

West Street, Newbury RG14

2 Bedroom | Leasehold | 2 Baths

Guide price £420,000

Newbury 0.4 miles

Newbury Racecourse 0.9 miles

Thatcham 3.6 miles

A larger than average and beautifully appointed top floor retirement apartment, conveniently situated in prime, central Newbury.

A larger than average and beautifully appointed top floor retirement apartment, conveniently situated in prime, central Newbury.

Description:
Avonbank Lodge is a development of 59 one and two bedroom retirement apartments centrally located in the heart of Newbury, close to local shops and amenities. The development has an Owner's Lounge with Coffee Bar, Guest Suite, 24 hour Careline system, Lift to all floors and a Lodge Manager.

Avonbank Lodge is a luxurious retirement complex built by award winning specialists 'Churchill' who specialise in Independent living which offers active, safe and secure lifestyle situated in the heart of Newbury town centre. The accommodation is very light and airy and comprises a lovely communal reception area with concierge and kitchenette. This second floor private apartment is one of the largest in the building and consists of a large hallway, substantial living room with a Juliet balcony, stunning fitted shutters and Karndean flooring which runs through the whole of the property other than the bathrooms. The kitchen offers a range of eye and base level units with work surfaces over and tiled splashbacks. There is a built-in waist height oven, 4 ring ceramic electric hob, dishwasher, fridge, freezer and washer/dryer. There are 2 double bedrooms, one with en suite shower room, and a bathroom which has a bath with shower over, a wc and a wash hand basin with vanity unit.

Avonbank Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55. Each Apartment is completely self-contained with its own front door, providing you with privacy and peace and quiet when you want it. When you fancy some company, you’ll find the Owners’ Lounge a popular and relaxed place to meet.

Outside:
The property offers well maintained communal gardens and resident’s car parking.

Tenure:
Leasehold - 125 years commencing 2017

Services:
Service Charge: £4,625.60 per annum. Collected by Millstream Management every 6 months
Ground rent: £886.89 per annum. Collected by Millstream Management every 6 months

The Lodge and the apartment are heated by a communal Air Source Heating. The costs for the heating are included in the service charges.

Service charges include: Careline system, buildings insurance, water and sewerage rates, communal cleaning, air source heating, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.

Local Authority: West Berkshire Council

Council Tax: Band C

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

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or thinking of letting?

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Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.