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See how verdicts work1-bedroom flat · RG14 5HL
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb first-floor retirement apartment by McCarthy & Stone, exclusively for the over-55s, situated in an enviable and picturesque location on the edge of Newbury town, close to the Kennet and Avon Canal.
DESCRIPTION We are delighted to present this beautifully maintained first-floor one-bedroom retirement apartment, offering lift access and secure entry within a purpose-built development for residents aged 55 and over.
Designed for comfortable, independent living, the property also benefits from the reassurance of a 24-hour careline service.
A glazed door from the hallway enhances natural light throughout and leads into a bright and spacious living/dining room.
The accommodation further comprises a well-appointed kitchen, a generous double bedroom with mirrored built-in wardrobes, a stylish shower room, and a useful walk-in storage cupboard.
Offered in excellent decorative order and ready for immediate occupation, the apartment is situated in a highly convenient West Mills location.
Northcroft Leisure Centre, the Kennet and Avon Canal, and Newbury town centre, with its wide range of shops, amenities, and transport links, are all within a short, level walk.
OUTSIDE The development benefits from beautifully maintained mature communal gardens, together with residents’ and visitors’ parking.
SERVICES AND MATERIAL INFORMATION All mains services are connected.
Council tax band: B Energy efficiency rating: B Length of lease (years remaining): 96 years 1 month Annual ground rent amount: £278.28 Ground rent review period: Annual Annual service charge amount: £3,677.32 Service charge review period: Annual
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 West Mills, Newbury, Berkshire, RG14
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