1-bedroom flat · RG14 7GJ
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and extremely spacious 1 bedroom apartment on this landmark development with a large balcony, lift service and private parking, offered for sale chain free.
Description: This extremely spacious one bedroom apartment is situated on the upper floor of this highly desirable and popular development on the Racecourse.
The accommodation flows well with a large living space open plan to a luxurious and well-equipped fitted kitchen with integrated appliances.
This room leads to a large balcony with plenty of room for sitting and enjoying outside. There is a comfortable double bedroom with built in wardrobes and additional access to the balcony.
The accommodation is completed by a well finished bathroom in classic white. Outside: This flat has private parking for one car.
Tenure: Leasehold – 125 years from 2014 Ground Rent: £185 per annum Service Charge: £1,730 per annum Services: All mains services connected, gas fired central heating Local Authority: West Berkshire Council Council Tax: Band C
Value & comps
No previous sales on record.
Returns
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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 Racecourse Road, Newbury, Berkshire, RG14
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