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See how verdicts work1-bedroom flat · RG14 7FY
For saleReduced £5k (−2.2%) on 26 OctListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented, spacious one bedroom apartment located on The Racecourse development.
This second floor apartment has a fantastic open plan living, dining, kitchen space with access to a large balcony, bedroom with built-in double wardrobes and balcony access via patio doors also.
Outside there is an allocated parking space with additional parking for visitors via a separate annual payment and the residents have access to the racecourse via communal locked gates ideal for walks and exercise.
Benefits also include a lengthy lease, gas central heating and no onward chain.
LOCATION This enviable location is within walking distance of Nuffield Health Gym and the train station at the racecourse with the town centre and main train station serving London Paddington also a short walk away.
The pretty market town of Newbury offers a wide range of shopping facilities including a 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.
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 Southmead House, Kingman Way, Newbury, RG14 7FY
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