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Floorplan
Guide Price £1,542,500

3 London Road, Newbury

icon-bed
17
icon-bath
17
icon-sofa
4

Wantage & Grove Branch
15 Millbrook Square, Grove, Wantage,
Oxfordshire, OX12 7JZ

T: 01235 764444
E: wantage@thomasmerrifield.co.uk

Key features

• Two six bedroom HMOs, a four bedroom HMO and a one bedroom flat.
• Investment opportunity
• Lift access to first and second floor
• Excellent town centre location
• Walking distance to railway station
• CCTV & Secured entry system to site
• Fantastic rental yields
• 6 year ABC+ Warranty
• Communal Courtyard garden
• 11 Parking spaces on a first serve basis
• Easy access to A34 & M4

Property description


Four newly converted units in Newbury town centre, finished to an exceptional standard which is made up of two six bedroom HMOs, a four bedroom HMO and a one bedroom flat.

Available to purchase as a whole building or individual flats – Please call the office on 01235 764444 for individual prices.

The Properties


These newly converted units come with a 6-year ABC+ warranty and make a fantastic investment. The character building, with beautiful sash windows has been thoughtfully converted to create a one bed flat and a four bed HMO on the ground floor, and a six bed HMO on the first floor. There is another six bed HMO on the top floor. All finished to a high-standard. Further benefitting from a lift providing access to the first and second floor.

OUTSIDE

The properties are secured by CCTV and cast iron entry gate system, Providing access to the communal courtyard garden. The properties benefit from a car park to the rear of the building, with spaces available on a free-for-all basis. There are local car parks nearby for additional/visitor parking.

SITUATION

The units are ideally located to the northern edge of Newbury town centre, with shops and amenities on your doorstep, as well as just a 10-minute walk to the railway station. As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, in addition boasting a large park just minutes away from the town centre, Victoria Park, which is next to the canal with an impressive open space and excellent sport facilities. 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.

SERVICES & MATERIAL INFORMATION

All mains services are connected, except for gas. The properties operate on electric heating.

Council tax band: not yet available

Length of lease (years remaining): 999 from date of listing

Annual service charge amount:

  • Circa approximately £2,000 per year, per unit
  • Circa approximately £750.00 per year for 1 bed flat

Service charge review period: annually

Ground rent: not applicable





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