St. Johns Road, Newbury, Berkshire, RG14

No onward chain – A first-floor studio apartment with balcony, in need of modernisation, offering an excellent investment opportunity for cash buyers only.

DESCRIPTION
The apartment is located on the first floor. Upon entering, you are welcomed by an entrance hallway leading to the main studio room, where large windows allow an abundance of natural light to flood the space.

The kitchen is in need of refurbishment. The accommodation is completed by a bathroom fitted with a shower, WC and hand basin.

OUTSIDE
The property benefits from a large private balcony, providing valuable outdoor space, along with ample off-street parking within the development.

SERVICES AND MATERIAL INFORMATION
All mains services are connected except gas. The property is double glazed.
Council tax band: A
Energy efficiency rating: D
Length of lease 44 years remaining from date of listing
Annual ground rent amount: £10
Ground rent review period: Annual
Annual service charge amount: £1,151
Service charge review period: Annual

As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, as well as the award-winning Victoria Park which has excellent visitor facilities, and much historical interest nearby, at Donnington Castle and Highclere Castle (of Downton Abbey fame). There are plenty of stunning walking and cycling trails, including the tow path along the Kennet & Avon Canal which passes directly through the town centre. Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. travel time of 41 minutes). There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.