2-bedroom flat · RG14 1NL
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VERY RARE TO THE MARKET! Smart two double bedroom ground floor apartment in this highly regarded development within easy walking distance of Waitrose, the town centre and Goldwell Park.
Built to a modern contemporary design the apartment offers an outstanding location together with a balcony for entertaining and comes with SHARE of FREEHOLD.
The accommodation includes communal atrium style entrance with security entry system, personal hallway, open plan living/dining room with fully fitted kitchen and access to a large wrap around balcony with direct access to the private communal gardens, master bedroom with Juliet balcony and en-suite shower room, further double bedroom and bathroom.
Allocated parking space, further spaces for visitors and very smartly kept communal areas. NO ONWARD CHAIN.
LEASE DETAILS & MAINTENANCE New 999 year lease from 2022 with share of freehold Service charge for the current year: £2,531 p.a.
LOCATION The pretty market town of Newbury offering a wide range of shopping facilities including a twice weekly local market, pedestrianised high street with local and national retail stores and major grocery outlets.
There is a variety of cafes, restaurants and bars, a multi-screen cinema and the historic Corn Exchange theatre.
There is a major rail station with links to London Paddington, the City of London and the West Country, and excellent access to the M4/A34 junction.
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
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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.
Area
Agent & docs
FAQ
About Maplespeen Court, Newbury, RG14 1NL
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