We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · RG14 7GT
Listing removedListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARD CHAIN* A beautifully presented three-bedroom apartment on the sought-after Newbury Racecourse development, boasting uninterrupted FINISH LINE VIEWS and a SOUTH-FACING balcony, all set across more than 1,000sqft of stylish living space.
Upon entering, you're welcomed by a generous entrance hallway. The third bedroom is immediately on your left, followed by the second bedroom, which features built-in wardrobes.
The principal bedroom includes built-in storage and a sleek en-suite bathroom, complete with modern grey tiling and a walk in shower.
The main bathroom echoes the same elegant tiling, with the added benefit of both a separate bath and walk-in shower.
The open-plan living area is ideal for entertaining, offering a bright and airy space with views across the iconic Newbury Racecourse.
The contemporary kitchen features cream gloss units and integrated appliances, including a dishwasher, fridge freezer, oven, and hob.
Thanks to its south-facing aspect, the living room is bathed in natural light throughout the day, while the balcony provides the perfect spot to relax and take in the finish line views and afternoon sun.
Additional benefits include secure gated undercroft parking and visitor spaces within the development. There is also the option to enquire about an additional parking space on the Racecourse grounds.
There is Ultrafast Broadband available in the area and there are no known mobile coverage issues. The property is connected to mains water and drainage and operates on electric central heating.
EPC - B West Berkshire Council Tax Band - E LEASEHOLD DETAILS; 118 Years remaining on the lease.
Ground rent - £285 per annum Service Charge - £3110.75 per annum Managing agent - Remus (These are expected service charge and ground rent amounts, we will confirm 2025's as soon as we can)
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 Kingman Way, Newbury, Berkshire, RG14
Explore nearby