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See how verdicts work2-bedroom flat · RG14 1EF
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly appointed large 2 bedroom penthouse apartment with the benefit of a balcony overlooking Victoria Park, principal bedroom with ensuite and a fantastic open plan living room and kitchen and private parking, well located within the centre of Newbury.
Description: This highly desirable development stands within the centre of Newbury above the Park Way shopping centre.
The apartment can be accessed via a security monitored lobby with entry phone system, lift and staircase all via the underground parking facility where a lift can take you to the podium level.
The property is nicely situated in the corner of the development a short walk through wonderful communal gardens.
The front door, accessed via stairs from the podium level, opens to a spacious entrance hall with large storage cupboard and all principal accommodation is accessed from this hallway.
There is a very spacious sitting room with two patio doors to a lovely outside terrace, with views over Victoria Park.
The sitting room incorporates a beautifully fitted kitchen, this contemporary design gives a wonderful feeling of light and spaciousness.
There is a principal bedroom with built in wardrobe and ensuite shower room and a second double bedroom served by a modern fitted bathroom in classic white with underfloor heating in both bathrooms.
There are minimalistic blinds throughout which do not obscure the views, these being black out blinds in both bedrooms.
Tenure: Leasehold - 125 years from 2011 Service Charge: £4,000 per annum Ground Rent: £330 per annum Services: Mains electricity, water and drainage, gas fired central heating Local Authority: West Berkshire Council Council Tax: Band D
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.
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FAQ
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