2-bedroom flat · RG19 4YB
Listing removedReduced £25k (−17.9%) on 21 JunListed 407 days
Opportunity summary
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About
EweMove A fantastic opportunity for retirement living.
Situated in a prime location in Thatcham, this property is presented to the market with a generously proportioned living/dining room, a kitchen, two bedrooms and a bathroom.
The property also benefits from a nearby car port, offering parking for a singular vehicle.
The property is accessed via a double glazed front door which opens into the entrance hallway which has a side aspect double glazed window and offers ample space for coats and shoes and has stairs which lead up to the first floor.
The first floor landing provides access to the living/dining room which has a front aspect double glazed window and features two dual aspect electric radiators.
The living/dining room measures 16'9 x 11'1 which provides plenty of space for both living and dining room furniture. The kitchen and upstairs hallway can be accessed from the living/dining room.
The kitchen has a front aspect double glazed window and has been fitted with a range of base and eye level units, an inset one and a half bowl sink with a dual control mixer tap, space for a cooker, space for a Fridge/Freezer, space and plumbing for a washing machine and a kitchen bar offering seating for two stools.
The kitchen also benefits from part-tiled walls. The upstairs hallway provides access to both bedrooms, the bathroom and a storage cupboard.
Bedroom one has a rear aspect double glazed window and benefits from an electric radiator and wardrobe space.
Measuring at 14'2 x 10'9, bedroom one offers plenty of space for bedroom furniture and storage. Bedroom two has a rear aspect double glazed window, an electric radiator and built-in storage cupboards.
The bathroom has a rear aspect double glazed window and has been fitted with a three piece suite comprising of a low-level W/C, pedestal handwash basin and an enclosed panelled bath with an overhead shower.
The bathroom also benefits from part-tiled walls and an extractor fan. Outside to the front, the property can be accessed via a path leading to the front door.
The property benefits from a nearby car port which offers parking for a singular vehicle.
The property is situated in a prime location in Thatcham and offers nearby access to local amenities, pharmacy, shops and several food establishments.
Thatcham train station is less than 1 mile away and the nearby towns of Newbury, Reading and Basingstoke provide a large range of shops and restaurants.
London and the south coast are easily accessed with good commuter links via the M3 & M4 motorways and direct train links from Basingstoke Station.
Annual maintenance charge includes the following: External monitoring service 24/7 linked to the warden. Buildings insurance. Electricity in communal areas. Cleaning of communal areas.
Window cleaning communal areas. Grounds maintenance includes cutting of hedges and lawns. Refuse bins. Door & emergency systems.
Living Dining Room 3.38m x 5.1m - 11'1” x 16'9” Kitchen 3.38m x 2.29m - 11'1” x 7'6” Bedroom One 4.31m x 3.29m - 14'2” x 10'10” Bedroom Two 3.71m x 2.85m - 12'2” x 9'4” Bathroom 1.9m x 2.13m - 6'3” x 6'12”
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
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FAQ
About 23, The Maltings, Thatcham
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