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See how verdicts workHouse · RG14 5HB
Listing removedListed 258 days
Opportunity summary
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About
Situation The property occupies a central position within Newbury Town Centre. The property lies at the corner of Bartholomew Street and The Arcade with large return frontage.
Mansion House Street and Northbrook Street are within a minutes walk. Nearby occupiers include Lloyds Bank Plc, British Red Cross, Holland & Barrett and Gails.
Description The property comprises 2 ground floor retail units situated on Bartholomew Street & The Arcade, Newbury.
151 Bartholomew Street is accessed via a recessed doorway leading to a retail area with a further retail area including with return frontage to the arcade.
Stairs lead to a small kitchenette and WC and then beyond to a basement below.
In the main, the property includes vinyl flooring, large display windows all around, LED lights, WC, sink and large window shutters.
1 The Arcade comprises a lock up retail unit with recessed doorway, shop front, range of lighting and shutters. Proposal The property is available to purchase freehold. The quoting price is £265,000.
VAT is not applicable.
Viewing Contact Shane Prater on or Email: Service Charge The property is let as follows:- 151 Bartholomew Street - Let to Kiri Lynn Gardner for 5 years from 2025 at £20,000 per annum exclusive.
The tenant has a break and rent review at year 3. 1 The Arcade - The property is let on a new 5 year lease at £6,500 per annum exclusive. First Floor Flat - sold on long lease until 23/07/2138.
Ground Rent £100 per annum Second Floor Flat - sold on long lease until 23/07/2138. Ground rent £100 per annum. Total income £26,700 per annum exclusive
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 150-151 & 1 The Arcade, Bartholomew Street, Newbury, Berkshire, RG14 5HB
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