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See how verdicts work2-bedroom flat · RG14 5TF
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Virtual tour available ** 989 YEAR LEASE ** NO ONWARD CHAIN ** A bright and SPACIOUS two-bedroom GROUND FLOOR apartment benefitting from a private PATIO area and allocated PARKING.
DESCRIPTION The property opens into a welcoming entrance hall with useful storage and access to all principal rooms.
The main living space is a bright, well-proportioned dual-aspect sitting/dining room, filled with natural light throughout the day.
Patio doors enhance the sense of space, provide an attractive outlook, and offer seamless indoor-outdoor flow, with ample room for both relaxing and entertaining.
The kitchen, located just off the living area, is fitted with a range of units, integrated appliances, and space for freestanding white goods, with a window providing natural light and ventilation and pleasant cooking environment.
The principal bedroom is a comfortable double room with built-in storage, while the second bedroom is a well-proportioned single, ideal as a guest room, home office, or nursery.
The bathroom is fitted with a three-piece suite including a bath with shower over, wash hand basin, and WC, presented in a neutral finish.
OUTSIDE The property benefits from a private patio accessed from the living space, ideal for outdoor seating and al-fresco dining, creating a seamless extension of the home.
The development is set within well-maintained communal gardens, offering attractive and peaceful surroundings, and further benefits from allocated parking for convenience.
SERVICES AND MATERIAL INFORMATION All mains services connected except gas.
Council tax band: C Energy efficiency rating: C Leasehold Information: Length of lease (years remaining): 968 years from date of listing Annual ground rent amount: N/A Ground rent review period: N/A Annual service charge amount: £1295.05 Service charge review period: Annual Ideally positioned within a modern and well-regarded development, John Norgate House on Two Rivers Way, enjoys a highly convenient setting on the edge of Newbury town centre.
The property benefits from excellent accessibility, with Newbury Racecourse railway station just a short walk away, providing direct links to Reading and London Paddington—perfect for commuters.
Newbury’s vibrant town centre is also within easy reach, offering an extensive range of shops, cafés, restaurants, and leisure facilities, including the popular Parkway Shopping Centre.
The area is well-served by beautiful green spaces, riverside walks along the Kennet & Avon Canal, and the nearby racecourse itself, creating an ideal balance between town living and outdoor lifestyle.
Further benefits include excellent road connections via the A34 and M4, making this a superb location for both local living and wider travel.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Two Rivers Way, Newbury, Berkshire, RG14
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