2-bedroom flat · RG14 1GB
Sold STCReduced £15k (−6.7%) on 25 MayListed 218 days
Opportunity summary
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About
**NO ONWARD CHAIN** Stylish and spacious apartment in a modern development, featuring bright open-plan living, a contemporary kitchen, two generous bedrooms and a bathroom.
Well-presented throughout with allocated parking and convenient access to local amenities and transport links.
DESCRIPTION The accommodation comprises an entrance hallway leading into a bright and spacious open-plan living and dining area, perfect for both relaxing and entertaining.
Large windows allow plenty of natural light to flood the space, enhancing the contemporary feel.
The adjoining kitchen is thoughtfully designed with a range of modern wall and base units, ample worktop space and integrated appliances.
There are two generously sized, well-presented bedrooms offering comfortable accommodation, with space for additional furnishings.
The property is served by a modern bathroom fitted with a suite including a bath with shower over, wash basin and WC.
OUTSIDE The apartment benefits from two allocated parking spaces and is set within a well-maintained development.
Conveniently located, the property offers easy access to local shops, amenities and transport links, making it an excellent choice for commuters.
SERVICES AND MATERIAL INFORMATION All mains services are connected including gas.
Council tax band: C Energy efficiency rating: B Leasehold Information: Length of lease (years remaining): 114 years from date of listing Annual ground rent amount: £311.72 Ground rent review period: 10 years Annual service charge amount: £1,162.04 Service charge review period: Annual As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, 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 Old Wardour Way, Newbury, RG14
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