1-bedroom flat · RG14 5HZ
For saleListed 42 days
Opportunity summary
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About
A beautifully presented GROUND-FLOOR, one-bedroom apartment situated in a popular retirement community, exclusively for the over-55s and just a stone’s throw from Newbury town centre.
DESCRIPTION Situated close to Newbury town centre and the River Kennet, this immaculate property comprises an entrance hall with generous storage, leading to a modern and well-equipped bathroom and a good-sized double bedroom with built-in wardrobe storage.
The accommodation continues into a spacious sitting room with double doors opening onto a small patio area, and a bright, modern kitchen benefitting from built-in appliances.
Both the kitchen and bathroom have been recently re-fitted by the previous owner. OUTSIDE The property features a small paved patio area leading out to lovely communal gardens.
The Maltings community also benefits from a residents’ lounge, a communal laundry room, guest facilities, parking for both residents and visitors, and on-site resident management staff.
SERVICES AND MATERIAL INFORMATION All services are connected, apart from gas. The property operates electric storage heaters and benefits from double glazing.
Council tax band: B EPC Rating: D Share of freehold Length of lease (years remaining): 999 years from date of listing Annual ground rent amount: N/A Ground rent review period: N/A Annual service charge amount: £2484 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 The Maltings, Newbury, Berkshire, RG14
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