2-bedroom flat · RG14 7WE
For saleListed 19 days
Opportunity summary
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About
A spacious two double bedroom ground floor apartment set within a popular development, and in walking distance of the town centre and railway station.
With well-proportioned accommodation, an EN-SUITE bedroom, allocated PARKING and a private GARAGE, it offers a practical and comfortable home with excellent everyday convenience.
DESCRIPTION Offering a combination of space, convenience and easy access to local amenities, this well-presented ground floor apartment makes an appealing choice for those looking for a comfortable home in a well-established development.
Its ground floor position provides particularly straightforward access, while the generous proportions create a relaxed and practical feel throughout.
The main living area provides a welcoming space for both relaxing and entertaining, with the kitchen positioned alongside the reception space.
The modern kitchen has a good range of fitted units and space for appliances, while the generous living area benefits from plenty of natural light and space for both seating and dining.
The apartment provides two well-proportioned bedrooms, offering flexibility for a couple, small family, visiting guests or those requiring a dedicated home-working space.
The principal bedroom benefits from its own en-suite shower room, complemented by a separate bathroom, giving the accommodation a useful level of privacy and practicality.
OUTSIDE The property benefits from allocated parking together with its own garage, providing valuable additional storage and secure space for a vehicle.
Its position within walking distance of the town centre and railway station adds to the appeal, making everyday amenities, shopping, dining and commuting readily accessible while retaining the quieter feel of a popular residential development.
SERVICES AND MATERIAL INFORMATION All mains services connected except gas and the property operates on electric heating.
Council tax band: C Energy efficiency rating: C Length of lease (years remaining): 103 years from date of listing Annual ground rent amount: £125 Ground rent review period: Annual Annual service charge amount: £2,000 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
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FAQ
About Mandarin Drive, Newbury, RG14
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