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Monks Lane, Newbury

South East

£300,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
883 sqft

Description

This classic four-bedroom mid-terraced property is an excellent opportunity for renovation, located on a desirable road in the sought-after area south of Newbury. Just a short stroll from Greenham Common, this home benefits from convenient access to major road networks including the A34 and M4, as well as being within easy reach of Newbury’s main line railway station with direct services to Paddington taking under an hour. Local amenities, including schools and the Newbury Retail Park, are also nearby. The layout includes an Entrance Hall leading to a spacious 17' Living Room and a generous 16' Kitchen/Dining Room, accompanied by a Cloakroom on the ground floor. The first floor features four ample bedrooms alongside a family bathroom. Outside, the property offers driveway parking and a private rear garden that is predominantly lawned, with side and rear access enhancing its appeal. The home is equipped with gas central heating via radiators and UPVC double glazing. While this property is currently in need of modernization, it presents a valuable chance for investors or homeowners looking to add significant value through thoughtful renovations. With no ongoing chain, viewing is highly recommended to appreciate its potential.

Investment Analysis

(RG14 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£340/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£369,045
10% above area average per sq ft
Potential ROI
+7.0%
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
15%
Properties sold annually

Local Market Trend (RG14)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -2.0%
5 year growth: +6.3%
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

Monks Lane, Newbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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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