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See how verdicts work1-bedroom flat · RG14 7GP
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 25% shared ownership ** This immaculately presented four-storey apartment offers stylish, contemporary open-plan living, complemented by a private balcony and the benefit of allocated parking.
DESCRIPTION An immaculately presented fourth-floor apartment situated within the highly regarded Racecourse development, enjoying far-reaching westerly views across the rooftops of Newbury towards Donnington Castle.
The accommodation comprises a communal entrance hall with both staircase and lift access to all floors, and a private entrance hall to the apartment with a video entry security system and utility cupboard.
The property features a spacious, contemporary open-plan living and dining area, incorporating a stylish fitted kitchen with integrated appliances, and sliding patio doors opening onto a generous balcony.
In addition, there is a well-proportioned bedroom and a modern, well-appointed bathroom.
OUTSIDE Set within a gated development, the apartment benefits from an allocated parking space conveniently located adjacent to the front entrance.
A generously proportioned balcony is accessed via the patio doors in the living room and enjoys partial views of the racecourse, along with far-reaching views towards Donnington Castle.
SERVICES AND MATERIAL INFORMATION All mains services connected excluding gas. The property operates on electric central heating and benefits from double glazing.
Length of lease: 115 years from date of listing 25% Shared Ownership Rent Payable: £455.36 Annual ground rent amount: TBC Ground rent review period: TBC Annual service charge amount: £185.39 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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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
Agent & docs
FAQ
About Kingman Way, Newbury, Berkshire, RG14
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