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See how verdicts work1-bedroom flat · RG14 1AR
Listing removedListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Virtual tour available ****NO ONWARD CHAIN** A beautifully presented retirement apartment, close to WAITROSE within a moment’s stroll of the HIGH STREET, benefitting from communal living area and on-site parking.
DESCRIPTION This apartment provides secure living with a 24-hour Tunstall emergency response system present in both the entrance hall (which also includes a walk-in storage cupboard) and the bathroom.
The apartment features a well-presented living/dining room with a patio door that opens onto a sunny balcony overlooking the gardens to the rear of the building.
There is a fully fitted kitchen comprising an integrated fridge, freezer, electric oven and ceramic hob.
The accommodation consists of a bright and airy double bedroom with a built-in, mirrored wardrobe. The fully tiled refitted shower room is equipped with a heated towel rail and a vanity unit.
OUTSIDE There is a lovely balcony, perfect for a bistro set, which overlooks the gardens. SERVICES & MATERIAL INFORMATION All mains services are connected except gas.
The property operates on electric heating.
EPC rating: B Council tax band: C Leasehold Information Length of lease 108 years from December 2025 Annual ground rent amount: £763.00 Ground rent review period: 01/01/2039 There is a Service Charge of £2,399.78 per annum (valid until 28/02/2026) which is comprehensive and covers the House Manager, all building and grounds maintenance, security systems, communal utilities, lift upkeep, and buildings insurance.
Service charge review period: Annual As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, as well as the award-winning Victoria Park which has excellent visitor facilities, and much historical interest nearby, at Donnington Castle and Highclere Castle (of Downton Abbey fame).
There are plenty of stunning walking and cycling trails, including the tow path along the Kennet & Avon Canal which passes directly through the town centre.
Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. travel time of 41 minutes).
There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.
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 Western Avenue, Newbury, Berkshire, RG14
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