Kingman Way, Newbury, RG14
PU

Kingman Way, Newbury, RG14

By Purplebricks

£ 92,000

Reviews

2 out of 5 stars

Purplebricks says ..

*** 40 % shared ownership **** Experience unparalleled comfort at Hackwood House, a beautifully designed apartment located in the prestigious Kingman Way development. Perfectly situated in Newbury, Berkshire, this residence offers a blend of modern sophistication and convenient living. Key Feat...

Property Oracle says ..

This listing presents a one-bedroom, one-bathroom apartment situated within the Kingman Way development in Newbury, Berkshire. The property boasts a modern interior, with images revealing contemporary finishes, fixtures, and a neutral color palette. There is a balcony with a view over the adjacent parking area. The apartment appears to be well-maintained and suitable for a single person or a couple. While the location offers proximity to Newbury Racecourse and train station, and several schools are reasonably nearby, the immediate surroundings lack the charm and convenience of a more established residential area. The significant factor impacting this property’s assessment is the shared ownership scheme. The advertised price of £92,000 represents only a partial ownership stake, and the total cost of eventually acquiring full ownership will be significantly higher. Therefore potential buyers must carefully consider the long-term financial implications. The absence of private outdoor space may also be a considerable drawback for some purchasers. The price is attractive in the context of shared ownership, and buyers may find good value, but the absence of land and the fact that this is shared ownership must be seriously considered.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
468.23

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
358,606.00 £
Decreased by 9.74 %
from 397,302.00 £
Est sale value
209,767.04 £
Increased by 27.27 %
from 164,816.96 £
Average area rental value
1,448.00 £/mo
Increased by 6.78 %
from 1,356.00 £/mo
Est letting value
468.23 £/mo
Unchanged by 0.00 %
from 468.23 £/mo
Est rental Yield
4.85 %
Increased by 18.29 %
from 4.10 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Engaging PotentialOther Independent Special SchoolGood1.08 KM
Fir Tree Primary School And NurseryAcademy Sponsor LedRequires improvement1.26 KM
The Willows Primary SchoolCommunity SchoolRequires improvement1.59 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.65 KM
Victoria Park Nursery School & Family HubLocal Authority Nursery SchoolOutstanding2.23 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Filly Close £ 000.00 KM
Alder Close £ 000.00 KM
Fontwell Road £ 000.00 KM
Arnhem Road £ 000.00 KM
Popes Place £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newbury Racecourse3071NRC0.60 KM
Newbury3074NBY2.26 KM
Thatcham3152THA6.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hackwood House, Kingman Way, Newbury, RG14 7FZ £ 104,000BUY6 / 100.00 KM
Kingman Way, Newbury £ 106,000BUY5 / 100.00 KM
Hackwood House Newbury Racecourse £ 265,000BUY6 / 100.00 KM
Kingman Way, Newbury, Berkshire £ 119,250BUY6 / 100.00 KM
Kingman Way, Newbury, Berkshire £ 108,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Farriers House £ 318,0000.05 KM
Unit 40a Kingfisher Court £ 55,0000.34 KM
25 Cormorant Wood £ 220,0000.66 KM
23 Cormorant Wood £ 198,0000.66 KM
14 Cormorant Wood £ 207,0000.66 KM