2-bedroom flat · RG19 4YB
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - An attractive two double bedroom maisonette with its own entrance hall, located on the first floor and forming part of a retirement development to the south of Thatcham for the over 50’s.
The property is fitted with a stair lift and features an attractive fitted kitchen and a modern bathroom that includes a shower.
The naturally well-lit living room offers plenty of space for lounge and dining room furniture, before leading through to a generous kitchen with ample storage and worktop space.
Both double bedrooms are a good size with built-in wardrobes in the main room sharing the bath/shower room. The inner hallway includes a built-in airing cupboard and a loft access hatch.
The property has its own entrance hall on the ground floor, with stairs and currently a stairlift to the first floor.
The maisonette is suitably heated with a combination of electric night storage heaters and panel heaters.
Outside is a level covered access to the front door and an abundance of Resident's carports, surrounded by well-kept gardens of lawns and flowerbeds that are all looked after by the management company.
A doctor's surgery, mini-supermarket and pharmacy are all located in the next road with a regular bus route nearby connecting with Thatcham’s town centre, Newbury and Reading.
The rail station is also a short distance from the development.
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 21, The Maltings, Berkshire
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