2-bedroom flat · RG18 3GS
Listing removedReduced £50 (−3.7%) on 11 JunListed 154 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO DEPOSIT OPTION AVAILABLE** **VIRTUAL TOUR AVAILABLE** A stunning TOP FLOOR apartment in SHOW HOME condition built to the HIGHEST of standards.
The property offers bright OPEN PLAN living accommodation with a modern kitchen, two DOUBLE bedrooms and parking.
DESCRIPTION The accommodation comprises a communal entrance hallway, a private entrance hallway, a bright & airy living dining area with characterful eaves and wooden flooring, and a modern fitted kitchen finished in a white gloss with built-in appliances and grey worktops.
There is a fabulous master suite with large built-in wardrobes and walk-in shower room consisting of a white suite and Velux window.
There is a well-proportioned family bathroom with shower over bath, and a second bedroom which is a very generous double.
The property is presented immaculately throughout and must be viewed to be appreciated.
OUTSIDE To the outside of the property is a block paved parking area, which offers a designated space along with a visitor space.
The apartment also benefits from nearby green space, as Henwick Playing Fields are within a stone’s throw away. SERVICES & MATERIAL INFORMATION The property operates on electric heating.
Council tax band: C EPC rating: B Deposit: £1,557.69 Length of tenancy: Periodic Thatcham is a market town that offers a range of shops, supermarkets, schools and the Nature Discovery Centre, as well as being a short drive away from Newbury which has an excellent range of leisure and entertainment facilities including, of course, Newbury Racecourse.
Thatcham itself has its own railway station, benefitting from the direct line to London Paddington, and excellent road links via the A34 and M4 motorway.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Vela House, Francis Close, Thatcham, Berkshire, RG18
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