2-bedroom flat · RG14 7HX
Let agreedReduced £55 (−3.8%) on 26 AugListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** MANAGED BY WINKWORTH ** Newly refurbished two bedroom second floor apartment located within a half mile walk of Newbury Station.
The apartment comes with one parking space with additional road parking out front.
Accommodation comprises two double bedrooms, open plan lounge / kitchen area, fitted kitchen with integrated appliances, luxury tiled bathroom with shower over bath. Video entryphone system.
Option for EV charging parking space by negotiation. Available now, unfurnished. Superfast broadband available and no known mobile issues. EPC C West Berkshire Council Band T.B.C.
Agents Note: Some of these photos have been digitally altered. Tenants fees: Security deposit, the equivalent of five weeks rent. (Sub annual rent of £50,000).
Six weeks rent for rents above £50,000 pa). Company lets are outside of the remit of Tenant Fee Ban Legislation 2019 and attract an admin fee of £480 inc VAT.
Holding deposit of one weeks rent, refundable on commencement of tenancy. In the interests of transparency, a copy of our full tenant fee sheet will be sent to you by email on enquiry.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Greenham Road, Newbury, Berkshire, RG14
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