1-bedroom flat · RG14 5QW
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Virtual tour available ** Available with NO ONWARD CHAIN is this first-floor apartment, benefitting from CANAL SIDE VIEWS and within a level walk of the town centre.
DESCRIPTION Situated in this sought-after canal side location and within a level walk of the town centre, this first-floor apartment is available with no onward chain.
The accommodation is well-proportioned and measures approximately 440 sq.
Ft and comprises an entrance hall, dual aspect open plan living/dining room with a Juliet balcony overlooking the canal, a modern fitted kitchen, double bedroom and a bathroom.
This would be an ideal first time or investment purchase. OUTSIDE The property benefits from two allocated parking spaces and visitor parking.
There are lawned communal gardens at the rear enjoying delightful canal side views.
SERVICES AND MATERIAL INFORMATION Council tax band: C Energy efficiency rating: B Leasehold Information Length of lease (years remaining): 152 Annual service charge amount: £1,338 Service charge review period: Annual Nestled in a prime location, Greenham Mill offers a unique blend of tranquil riverside living with the unparalleled convenience of being just a short stroll from Newbury's vibrant town centre and mainline train station.
This highly desirable development is perfectly positioned for those who enjoy the charm of town life and the ease of commuting.
Residents can take advantage of the bustling town centre's array of shops, cafes, and restaurants, as well as the beautiful walks along the Kennet and Avon Canal, all within walking distance.
For commuters, the direct link to London Paddington from Newbury train station is a significant draw, making it an ideal choice for both professional and leisure travel.
Greenham Mill truly offers the best of both worlds, presenting a perfect opportunity for modern living in a highly sought-after and well-connected location.
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 Mill Lane, Newbury, Berkshire, RG14
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