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Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 1
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 2
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 3
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 4
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 5
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 6
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 7
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 8
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 9
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 10
Kimbers Close, Kennet Road, Newbury, Berkshire, RG14 - Image 11

Kimbers Close, Kennet Road, Newbury, Berkshire, RG14

South East

£120,000
Listed on 03/11/2025

Property Details

Bedrooms
1
Type
Flat

Description

Situated in the heart of Newbury town centre, this first-floor one-bedroom apartment presents a valuable opportunity for those seeking a project with significant potential for improvement. The layout comprises a combined living and dining area that transitions into the kitchen, providing an adaptable space that can be reimagined to suit modern tastes. The generous bedroom offers ample room, while a bathroom completes the interior. This property is in need of updating throughout, making it an ideal canvas for first-time buyers or investors looking to enhance value through renovation. The central location adds to its appeal, with convenient access to local amenities, shops, and transport links. Notably, upon completion, a long lease of 990 years will be provided, enhancing its investment attractiveness. With careful updates and design choices, this apartment could transform into a stylish residence in one of the area’s most sought-after locations. Please note that all services and systems have yet to be tested, and the title is currently under review for any potential covenants or restrictions.

Investment Analysis

(RG14 area)
Area Average
£374/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RG14)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 4.8%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on RG14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Kimbers Close, Kennet Road, Newbury, Berkshire, RG14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE