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See how verdicts work2-bedroom terraced house · RG14 1QH
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Virtual Tour Available** **This extremely desirable property has OUTLINE PLANNING PERMISSION TO BUILD A THREE OR FOUR BEDROOM DETACHED HOUSE** The property is accessed via the popular Speen Lane.
The original home is an end-of-terrace house with a garage and a large plot. (West Berkshire Planning Reference: 25/02420/OUT).
Best and final bids are to be presented in writing on Thursday 26th of February by 2.00pm. PUBLIC NOTICE Best and final bids are to be presented in writing on Thursday 26th of February by 2.00pm.
DESCRIPTION Tucked away in a desirable position with access from the prestigious Speen Lane, this end-of-terrace home offers an exciting opportunity for buyers seeking a property with both immediate potential and long-term development prospects.
The house is in need of modernisation throughout, providing a blank canvas for personal improvement and extension (subject to the necessary planning permissions).
Of particular note is the valuable outline planning permission already granted for the construction of a second detached three to four-bedroom dwelling within the plot, making this an exceptional proposition for developers or those wishing to create a family compound.
Inside, the accommodation is arranged over two floors and is approached via an entrance hallway with stairs rising to the first floor.
On the ground floor, the layout flows naturally between a living room and separate dining room, offering flexible family and entertaining space.
The centrally positioned kitchen leads through to a conservatory, creating a pleasant connection between the indoor and outdoor areas.
A useful ground floor cloakroom further enhances everyday practicality.
Upstairs, the property provides two well-proportioned bedrooms and a family bathroom, with the principal bedroom benefiting from generous space and a bright outlook, maintaining the sense of comfort and light throughout the home.
OUTSIDE Externally, the home is complemented by a pretty garden laid mainly to lawn and enriched with mature plants, shrubs, and established trees, offering both privacy and charm.
A garage adds further convenience, with additional scope for reconfiguration or extension, subject to planning consent.
Together with its prime location and development potential, this property represents a rare opportunity to acquire a home with significant future value in a sought-after area.
SERVICES AND MATERIAL INFORMATON All mains services are connected. The property operates on gas fired central heating and benefits from double glazing.
Council tax band: D Energy efficiency rating: D What3words: hope.modes.goes Speen is one of Newbury’s most sought-after residential areas, on the western edge of the town centre and close to High Street shops and the Parkway development.
The location offers easy access to the A34, M4 (J13), and Newbury railway station with direct trains to Paddington (Crossrail from Reading expected soon).
Nearby open countryside provides footpaths to the canal, Donnington Castle, and the town centre.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Majendie Close, Speen Lane, Newbury, Berkshire, RG14
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