2-bedroom flat · RG14 7RA
For saleListed 514 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Virtual tour available ** A beautifully presented 2-bedroom apartment with an EXTENDED LEASE enjoying open plan living/kitchen/dining room, designated parking, and a moments’ walk to the RAILWAY STATION.
DESCRIPTION The accommodation comprises an entrance hallway, beautiful open plan bright & airy living/dining room opening into a modern kitchen with a range of wall and base units, two double bedrooms with the master benefiting from an en-suite shower room.
There is designated parking downstairs.
SERVICES AND MATERIAL INFORMATION All services are connected Council tax band: C Energy efficiency rating: B Length of lease (years remaining): 104 Annual ground rent amount: £0 Ground rent review period: 1st April 2025- 31st March 2026 Monthly service charge amount: £172.90 Service charge review period: Annual Monthly sinking fund: £13.22 Contact A2dominion for further information 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 Victoria Grove, Newbury, West Berkshire, RG14
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