3-bedroom terraced house · RG14 2BJ
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Virtual tour available ** A refurbished mid-terrace home located in a quiet cul-de-sac to the north-east of Newbury town centre, with a garage in a block, and benefits from no onward chain.
DESCRIPTION A fantastic opportunity to purchase this refurbished mid-terrace home, located in a quiet cul-de-sac in Newbury with excellent access to the town centre.
The accommodation comprises an entrance porch, sitting room, open-plan kitchen/diner, downstairs shower room, and a conservatory with sliding doors to the garden.
On the first floor, there are three bedrooms and a refitted bathroom. Further benefits include a garage in a block and the advantage of no onward chain.
An excellent choice for families and professionals looking for quality and value. OUTSIDE To the rear, the property features a pleasant, low-maintenance garden with a paved patio area and rear access.
The property also benefits from on-street parking and a garage in a block. SERVICS AND MATERIAL INFORMATION All mains services are connected, and the property is heated via gas central heating.
It features double-glazed windows, new carpets in the three bedrooms and on the stairs, and new flooring in the kitchen/diner and living room.
Council tax band: C Energy efficiency rating: C As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shops including Aldi, Lidl, Dunelm, B&Q, and Primark.
Local schools include St Josephs Catholic Primary and Trinity Secondary.
As well as the award-winning Victoria Park which has excellent visitor facilities, and much historical interest nearby, at Donnington Castle and Highclere Castle (of Downton Abbey fame).
There are plenty of stunning walking and cycling trails, including the tow path along the Kennet & Avon Canal which passes directly through the town centre.
Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. travel time of 41 minutes).
There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.
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 Pike Street, Newbury, Berkshire, RG14
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