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See how verdicts work3-bedroom flat · RG14 7GT
Listing removedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunningly presented three double bedroom first floor apartment with uninterupted views, a large racecourse facing balcony, located within a short walk of the mainline Racecourse rail station and the town centre.
This light and airy flat measures over 1100 square feet, has been well maintained and also comes with the allocated off-road parking for one, in addition to visitors spaces.
The well planned accommodation consists of large entrance hall, open plan kitchen/dining/living room with integrated appliances and dual aspect windows and patio doors opening to the balcony, master bedroom with en-suite, two further double bedrooms and family bathroom.
Benefits include communal security entry system, lift, and double glazing. Viewings highly recommended.
SERVICE CHARGES AND LEASE DETAILS Block service charge £2912 plus local estate charge £495 plus estate charge £188. Ground Rent: £285 per annum. 116 years remaining on lease.
LOCATION The pretty market town of Newbury offers a wide range of shopping facilities including a twice weekly local market, pedestrianised high street with local and national retail stores and major grocery outlets.
There is a variety of cafes, restaurants and bars, a multi-screen cinema and the historic Corn Exchange theatre.
There is a major rail station with links to London Paddington, the City of London and the West Country, and excellent access to the M4/A34 junction.
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
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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 Farriers House, Kingman Way, Newbury, RG14 7GT
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