1-bedroom flat · RG14 7GR
Sold STCListed 66 days
Opportunity summary
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About
Occupying an elevated position within the sought-after Lockinge House development, this well-presented one-bedroom apartment enjoys impressive far-reaching views, a private balcony and SECURE GATED UNDERCROFT PARKING.
Offered with NO ONWARD CHAIN and conveniently located within easy reach of Newbury Racecourse railway station, the property provides an appealing combination of comfort, security and low-maintenance living.
DESCRIPTION From the moment you step inside, the apartment offers a lovely sense of light and openness.
Occupying an elevated position within Lockinge House, the standout feature is the impressive outlook from the private balcony.
Modern interiors, abundant natural light and a practical layout combine to create a contemporary and easy-to-maintain home.
At the heart of the apartment is the open-plan kitchen and living space, designed to make the most of the natural light and views.
The fitted kitchen provides a practical arrangement of units and work surfaces, while the adjoining living area offers flexibility for both relaxing and dining.
Glazed doors open onto the private balcony, creating a pleasant connection with the outside and an ideal spot to enjoy the views.
The generous bedroom provides a peaceful retreat with excellent natural light, while the well-appointed bathroom and welcoming entrance hall complete the accommodation.
Overall, the layout makes excellent use of the available space.
OUTSIDE The apartment benefits from a private balcony, providing valuable additional space and an excellent vantage point, while secure gated undercroft parking offers a significant practical advantage.
SERVICES AND MATERIAL INFORMATION All mains services connected including gas.
Council tax band: C Energy efficiency rating: B Leasehold Information Length of lease (years remaining): 116 years from date of listing Annual ground rent amount: £0 Ground rent review period: Annual service charge amount: £1500.00 Service charge review period: Annual Newbury Racecourse offers a desirable residential setting, combining convenience with a relaxed, contemporary lifestyle.
The area benefits from excellent transport connections, with Newbury Racecourse railway station providing direct services to London Paddington, while Newbury town centre is easily accessible for a wide range of shops, cafés, restaurants and everyday amenities.
The racecourse itself provides an attractive open setting and hosts a variety of sporting and leisure events throughout the year, adding to the appeal of this well-connected and increasingly popular location.
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 Kingman Way, Newbury, Berkshire, RG14
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