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See how verdicts work2-bedroom flat · RG14 1GH
Sold STCListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CLOSED CHAIN ** A BEAUTIFULLY presented FIRST-FLOOR converted apartment, ideally situated on the edge of Newbury High Street.
DESCRIPTION Beautifully presented throughout, this impressive apartment offers bright and contemporary accommodation, ideally suited to first-time buyers, professionals, and investors alike.
At the heart of the home is a superb 18ft open-plan kitchen, living, and dining area, creating an exceptional social space for both everyday living and entertaining.
The modern kitchen features a stylish range of units, generous worktop space, and integrated appliances, while French doors open onto a Juliet balcony, allowing an abundance of natural light to enhance the sense of space and openness.
The property comprises two well-proportioned bedrooms, with the principal bedroom benefiting from built-in wardrobes, providing excellent storage solutions.
The second bedroom offers versatility and would make an ideal guest room, home office, or nursery.
Completing the accommodation is a stylish modern family bathroom and a welcoming entrance hall with further storage.
OUTSIDE Externally, the property benefits from an allocated off-street parking space with an electric vehicle (EV) charging connection.
SERVICES AND MATERIAL INFORMATION All mains services are connected. The property operates on electric central heating.
Council Tax Band: C EPC Rating: D Length of lease (years remaining): 121 years from date of listing Ground rent amount: £200 Ground rent review period: Annual Service charge amount: £1000 Service charge review period: Annual Situated in the heart of Newbury town centre, Kendrick House offers an excellent location for first-time buyers, professionals, and those seeking a low-maintenance lifestyle.
A wide range of shops, cafés, restaurants, supermarkets, and leisure facilities are all within easy walking distance, while Newbury railway station, the A34, and M4 provide excellent transport links.
The nearby Kennet & Avon Canal and Victoria Park offer attractive green spaces for walking and relaxation, combining town-centre convenience with outdoor leisure.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Pelican Lane, Newbury, Berkshire, RG14
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