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Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 1
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 2
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 3
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 4
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 5
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 6
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 7
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 8
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 9
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 10
Majendie Close, Speen Lane, Newbury, Berkshire, RG14 - Image 11

Majendie Close, Speen Lane, Newbury, Berkshire, RG14

South East

£500,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1022 sqft

Description

This end-of-terrace property, situated in a highly regarded area off Speen Lane, presents a significant opportunity for both immediate renovation and future development. With outline planning permission already secured for the construction of an additional three to four-bedroom detached home on the large plot, this property holds exceptional investment potential. Currently requiring modernization throughout, it provides a versatile blank canvas ideal for personal improvement or expansion, pending necessary approvals. The layout includes a welcoming entrance hallway leading to interconnected living and dining areas, which offer ample space for family gatherings and entertaining. A centrally located kitchen connects to a conservatory, enhancing the transition between indoor and outdoor living. The ground floor also features a practical cloakroom. Upstairs, you will find two generously sized bedrooms along with a family bathroom. The principal bedroom is spacious and filled with light, contributing to the overall comfort of the home. Outside, the property boasts a charming garden primarily laid to lawn with established plants and trees that provide both privacy and aesthetic appeal. A garage offers added convenience and potential for reconfiguration or enlargement under planning regulations. Given its prime location and development prospects, this property is a rare find in an attractive area that combines residential charm with growth potential.

Investment Analysis

(RG14 area)

Above Market Value

This property is priced +30.6% above area average per sq ft

+30.6%
This Property
£489/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£421,182
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (RG14)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.1%
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

Majendie Close, Speen Lane, Newbury, Berkshire, RG14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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