2-bedroom flat · RG19 4SA
Sold STCListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superbly-presented top floor apartment with two-bedrooms and two-bathrooms, is overlooking a small leafy green on this popular development, within walking distance of the mainline train station.
This apartment makes an ideal first-time purchase or investment property and is ready to move into with new carpets and fresh decoration throughout.
** Virtual tour available ** The accommodation comprises a welcoming entrance hallway with a large storage and separate airing cupboard on your right.
To the left, a bright living/dining room with spectacular dual aspects of the green outside make for an airy space to relax and entertain.
Just off the living room you’ll find the modern fitted kitchen with ample worktop space and integrated washing machine, fridge/freezer, oven and hob.
Further along the hall are two double bedrooms with the master being an especially generous size. It boasts built-in triple wardrobes, dual aspects and an en-suite shower room.
The south-facing second bedroom is a perfect double room or work-from-home office, with far reaching views of countryside.
There is also a well-equipped family bathroom with a full-size bathtub and overhead shower.
The property features zonal electrical heating and a newly replaced hot water tank, UPVC double-glazing and a great energy efficiency.
Outside The property benefits from a lovely position on the development overlooking a small green. To the rear of the apartment is an allocated parking bay, plus visitor parking.
There is also an abundance of nature walks nearby, cutting through countryside, common land and along canal towpaths. Kennet Heath is a popular residential development located in Thatcham.
The development is well-maintained and benefits from excellent amenities and convenient access to Thatcham town centre and surrounding areas.
Thatcham railway station is within easy reach, offering direct trains to London Paddington and other major destinations.
Thatcham is a market town that offers a range of shops, supermarkets, schools and the Nature Discovery Centre, as well as being a short drive away from Newbury which has an excellent range of leisure and entertainment facilities including, the world renowned Newbury Racecourse.
Lease details: Length of lease (years remaining): 106 years (01/01/2133) Annual ground rent amount: £200 Annual service charge amount: £tbc
Value & comps
No previous sales on record.
Returns
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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 74, Rotary Way, Berkshire
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