2-bedroom flat · RG14 2DJ
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available to the market this exquisite top floor converted mill with amazing views down the River Lambourn situated in a residential location in the popular area of Shaw which is 'The Jewel in the Crown'.
Walking distance to Vodafone Headquarters, Newbury town centre and the railway station.
DON'T MISS OUT ON THIS GOLDEN OPPORTUNITY TO PURCHASE THIS WONDERFUL HOME WITH BEAUTIFUL VIEWS - AN EARLY VIEWING IS HIGHLY RECOMMENDED.
The property has been well maintained and re-configured over the recent years, the kitchen was re-fitted in 2018 with a range of kitchen furniture, quartz work surfaces and integrated appliances as well as a Quooker boiling tap and under floor heating.
The shower room has also been refitted with a lovely walk-in-shower and under floor heating. There is also an air condition unit in the lounge and the master bedroom which are also heat exchangers.
The accommodation is very spacious and comprises:- Communal entrance hallway with stairs rising to the upper floors, entrance hallway with access to the loft which has been boarded and has a loft ladder, a large lounge with beautiful views down the River Lambourn, and two bedrooms and a shower room.
There are beautiful communal gardens on the river bank which are very well maintained.
Mainly laid to lawn with a variety of shrubs, flowers, plants and a large communal patio where one can relax sitting on the river bank enjoying the wildlife.. Allocated parking.
There is a quarter share of the freehold with 988 years remaining on the lease.
Share of the freehold Walking distance to Newbury town centre Large lounge/ diner with beautiful views over the river Recently re-fitted good quality kitchen with underfloor heating Large double bedroom with fitted wardrobes Second bedroom Recently fitted shower room with under floor heating 988 years remaining on the lease £150 per month maintenance charge
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
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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 Old Mill, Church Road, Shaw, NEWBURY, RG14
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