Insurance & Building Warranties

Investment opportunity for sale in Newbury

Kelvin Road, Newbury, West Berkshire, RG14 2DB
For sale

COMMON USE CLASS: C3 Dwelling Houses

This property is marketed by:
Vesta Property

Leasehold information

  • Length of lease: 999 years
  • Year lease started: 2016
  • Service charge: £80-£100 pcm
  • Years left on lease: 993 years (from 2022)
  • Ground rent review period: tbc
  • Service charge review period: tbc

Property information

  • Located on the first floor
  • Open plan living room/kitchen
  • One bedroom comes with an ensuite shower room
  • There is also a family bathroom
  • Living room and bedrooms have an exposed brick feature wall
  • The apartment has underfloor heating
  • Extra storage space in the hallway
  • Comes with 1 allocated parking space
  • Visitor parking is available
  • EPC rating C
  • Council tax band C
  • Monthly rental income £1,050; vendor believes it is possible to achieve £1,150 pcm
  • Tenants have been in situ since October 2019 and are looking to extend their tenancy for another 12 months

Location information

  • The property is just over a half-mile from Newbury town centre
  • Newbury railway station is just under 1 mile from the property
  • Easy access to the A339 and M4


Please note that Vesta has not visited this property and that the vendor has provided all material.

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