2-bedroom house · RG14 7GY
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership This superb modern home is available to buy from as little as £132,000 with a 40% share!
Offered to the market with no onward chain, this mid terrace home has accommodation arranged over two floors and comprises an entrance hall, fitted kitchen, ground floor cloakroom and a spacious living room.
Upstairs, there are two double bedrooms and a family bathroom. Externally is allocated parking for two cars and an enclosed rear garden.
Te property enjoys easy access to the open green spaces of Greenham Common, perfect for walking, cycling and outdoor recreation.
Newbury town centre is within easy reach and offers an excellent selection of shops, cafés, restaurants and leisure facilities, while nearby retail parks provide additional everyday conveniences.
Greenacre Place is a modern development located close to Greenham Common and local amenities.
For commuters, Newbury town centre and the mainline railway station are easily accessible, providing direct services to Reading and London Paddington.
The A34 and M4 motorway (Junction 13) are also nearby, offering excellent road connections to Reading, Oxford, Basingstoke and beyond.
Pricing & affordability Full Market Value: £330,000 40% Share Price: £132,000 (rent £586.93 pcm) Minimum 5% Mortgage Deposit (40% share): £6,600 Approximate Service Charges: £60.54 pcm* Lease: 115 years Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.
Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About SNG SO, 22, Greenacre Place, Berkshire
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