2-bedroom flat · RG14 1TH
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular College Mews development just a short walk to Waitrose and Newbury town centre, this spacious ground floor 2 bedroom apartment with French doors opening to a private patio and communal gardens and private parking.
Available chain free. Description: A spacious apartment nicely located on the ground floor of this attractive apartment building within the desirable Old College development.
A communal entrance leads to a private front door which opens to a spacious entrance hall and beyond to an extremely spacious sitting room with double doors giving access to the private patio and the communal gardens providing all important outside space.
Off the sitting room is a well-equipped fitted kitchen.
This property offers one of the more desirable designs and benefits from 2 bedrooms both with built in wardrobes and the main bedroom benefiting from an en suite large corner shower.
The accommodation is completed by a main bathroom in classic white. Outside: There are well-tended communal gardens with an attractive band stand in the centre of the development.
Waitrose is just a short distance away. An excellent benefit to this property are the patio doors leading from the living room to an area of outside space.
Tenure: Leasehold – 125 years from 1 April 2003 Service Charge: Approx. £1,800 per annum Ground Rent: Approx. £125 per annum Local Authority: West Berkshire Council Council Tax: Band C
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 15 Stephenson Court,, Old College Road, Berkshire
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