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See how verdicts work4-bedroom detached house · RG18 9SR
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire the FREEHOLD of a substantial PERIOD property, formerly the village butcher's shop, and currently arranged as two self-contained apartments, offering exceptional scope for refurbishment, reconfiguration or redevelopment (subject to the necessary consents).
Best & final offers by 1.00pm on Wednesday 2nd September 2026. PUBLIC NOTICE The vendors are committed to a 4 week marketing programme commencing Wednesday 5th August.
Best and final bids are to be presented in writing by 1.00pm on Wednesday 2nd September 2026.
DESCRIPTION Occupying a prominent position on the High Street, this characterful building presents a fantastic opportunity for developers, investors or buyers seeking a rewarding renovation project.
The sale includes the freehold of the entire building, which is currently configured as two separate apartments but offers exciting potential to be retained as such or reconfigured into one impressive family home, subject to any necessary planning and building regulation approvals.
The ground floor apartment comprises an entrance hall, spacious sitting room, kitchen/dining room, two bedrooms, a bathroom and a separate WC.
The first floor apartment benefits from its own entrance, sitting room, kitchen, two bedrooms, a bathroom and useful storage.
Requiring complete modernisation throughout, this is a genuine refurbishment project with enormous potential.
Whether you're looking to restore the building, improve the existing apartments or explore alternative layouts, this is a rare chance to acquire a substantial freehold property in a sought-after village location.
OUTSIDE To the rear, the property enjoys an enclosed garden, a useful outbuilding/store and the added benefit of off-road parking accessed from the rear, a valuable feature in this central village location.
SERVICES & MATERIAL INFORMATION All mains services are connected except gas. The property operates on night storage heaters.
EPC rating: E & F Council tax bands: C Hermitage is surrounded by delightful countryside and is in the heart of the North Wessex Downs, an Area of Outstanding Natural Beauty.
The village benefits from a primary school, two pubs, village shop with post office and a Co-op store.
Nearby Newbury offers a comprehensive range of shopping, leisure and educational facilities including the nationally renowned Watermill Theatre and Newbury Racecourse.
Hermitage is within easy reach of junction 13 of the M4 motorway and offering easy access to Thatcham and Newbury.
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 High Street, Hermitage, Thatcham, Berkshire, RG18
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