2-bedroom flat · RG14 5PT
To rentReduced £55 (−4.8%) on 29 SepListed 66 days · slow let
Opportunity summary
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About
Located in the town centre above a nail salon and with an entrance tucked away just off Bartholomew Street lies this 2 double bedroom flat that is just a couple of minutes walk to Newbury train station The property is accessed via an secure external front door and modern communal hallway.
The private front door leads to a good sized hallway with room for coats and shoes. To the front of the property is a light, good sized lounge with second double bedroom next door.
Modern kitchen including space for fridge/freezer washing machine, and tumble dryer (to be supplied by tenant - current items available via seperate negotiation with the current tenant).
To the rear of the property is a large Master bedroom with plenty of room for furniture and a modern bathroom with shower over bath.
Outside the property benefits from unallocated off road parking for 1 car and permit parking (available from West Berks Council) on the road directly outside. **AVAILABLE MID OCTOBER** EPC: Band C.
COUNCIL TAX: Band C = £2,268.74 for 2026/27 ENERGY: Mains electric - Electric heating via modern heaters.
INTERNET & MOBILE: Further information on availability and speeds can be found at: DEPOSIT INFORMATION: At a rent of £1195 per calendar month: Total Tenancy Deposit = 5 weeks rent £1378 (Holding Deposit = 1 weeks rent £275)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 St. Michaels Road, Newbury
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