2-bedroom flat · RG14 1AR
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freshly decorated second floor retirement apartment within the popular development Benedict Court, Boasting a beautiful outlook over the landscaped gardens and fitted wardrobes in both bedrooms.
Summary Benedict Court was built by McCarthy and Stone a purpose built Retirement Living Development.
Communal facilities include a fully equipped laundry room, a lift to all floors and a mobility scooter store with charging points.
There is a Homeowners lounge with doors leading to a patio surrounded by landscaped gardens.
The door entry system ensures complete peace of mind and the 24 hour emergency call system is provided by a personal pendant with a call point in the bathroom.
There is a House Manager on site and the development will link through to the 24 hour emergency call system for when they are off duty.
There is also a guest suite for when friends and family come to stay.
The development is close to the town centre with its mix of historic buildings and excellent range of high street shops and department stores.
As well as numerous restaurants and cafes, there is a supermarket next door to the development.
For those wishing to travel further afield, the town's railway station operates a mainline station to Reading and London.
It is a condition of purchase that all Residents must be over the age of 60 years.
Entrance Hall Front door with spy hole leads to the large entrance hall, the 24 hour Tunstall emergency response pull cord system is in place. Illuminated light switches and smoke detector.
From the hallway there is a door to a walk-in storage and airing cupboard, housing the boiler, water softener. Night storage heater. Doors lead to the bedrooms, living room and bathroom.
Living/Dining Room A very well presented and spacious living/dining room with large double glazed window over looking the garden, Power points, TV & telephone points, partially glazed double doors lead onto a separate kitchen.
Kitchen Modern style kitchen with fitted cupboard doors and co-ordinated work surfaces. Contemporary ceiling lights. Wall mounted fan heater. Stainless steel sink with chrome mixer tap.
There is an integrated fridge and a fitted neff electric oven. Freestanding freezer and dishwasher. There is also a fitted electric AEG ceramic hob with extractor hood.
Bedroom One A double bedroom of good proportions, large built-in wardrobe with bi-fold mirrored doors, TV and phone point, ceiling lights.
Bedroom Two A spacious second bedroom that could even be used as a hobby room or an extra dining space. Fitted mirrored wardrobe, ceiling light point, plug sockets.
Bathroom A spacious bathroom with fully tiled walls, shower with grab rails, bathtub, raised toilet with support rail.
Vanity unit with sink and mirror above, heated towel rail, separate wall mounted fan heater, emergency pull cord. Large storage cupboard.
Service Charge (Breakdown) • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24 hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The Service Charge does not cover external costs such as your Council Tax, electricity or TV.
To find out more about service charges please contact your Property Consultant or House Manager.
Lease Information Lease 125 Years from 2009 Ground rent: £888.93 per annum Ground rent review: Jan-39 Car Parking Parking is by allocated space, subject to availability.
Please check with the House Manager on site for availability.
Additional Information & Services • Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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 55 Benedict Court, Western Avenue, Newbury
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