About This Property

Discover what makes this home special

Old Waterworks is a charming two-bedroom house located in the sought-after area of Newbury, RG14 1RG. This property offers a well-designed layout with a spacious lounge/dining area seamlessly connected to a modern kitchen, perfect for both relaxing and entertaining. The two bedrooms provide comfortable living space, complemented by a single well-appointed bathroom. Situated within the Lapwing Green development, the property benefits from a peaceful setting with access to green spaces and community amenities.

Ideal for first-time buyers or small families, Old Waterworks combines convenience with a tranquil environment. The rear garden faces south-east, ensuring pleasant morning and early afternoon sunlight, enhancing the living experience. With good transport links including proximity to Newbury railway station and easy access to Reading and London, this property offers a balanced lifestyle with urban connectivity and suburban calm.

Property Features

This property boasts two well-proportioned bedrooms and a modern bathroom, ideal for small families or couples. The open-plan lounge and dining area flows naturally into the kitchen, creating a bright and airy living space. The south-east facing garden receives ample morning sunlight, perfect for outdoor relaxation. Additional storage space is provided by a dedicated cupboard, and the property benefits from nearby off-street parking within the development.

Two BedroomsOne BathroomOpen Plan Lounge/DiningModern KitchenSouth-East Facing GardenStorage Cupboard+2

Local Amenities

The property is well-situated close to Newbury town centre, offering a variety of amenities including supermarkets, schools such as St. Bartholomew's School and Newbury College, and recreational facilities like Newbury Racecourse and local parks. Excellent healthcare services and convenient transport links provide residents with a well-rounded living experience. The nearby railway station provides direct access to Reading and London, making commuting straightforward.

Newbury Railway StationNewbury CollegeSt. Bartholomew's SchoolTesco SuperstoreNewbury RacecourseTown Centre Shops+2
Newbury Railway Station Train Station (1.3 miles, 6 mins drive) • 30 mins to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£224,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£224,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Good transport links to London and Reading
Stable local rental market
Limited bedroom count may restrict tenant pool
Growing but not prime investment area

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£224,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
7.7%
Based on £1,437/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£254,674
+£30,674 projected gain
5-Year Rent Forecast
£1,707/mo
Based on 3.5% annual growth
Price per Sq Ft£345
Annual Rent Income£17,244
10-Year ROI308%
Break-Even Point10 yrs

Property Value Projection

Based on 2.6% annual growth
£254,674
5yr
£289,549
10yr
£329,199
15yr
£374,279
20yr
£425,532
25yr
Current: £224,000

Monthly Rental Income

Based on 3.5% annual growth
£1,707
5yr
£2,027
10yr
£2,407
15yr
£2,859
20yr
£3,396
25yr
Current: £1,437/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Paddington
55 mins
1h 20m
Heathrow Airport
50 mins
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge / Dining
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Low
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
58
Transit Score
Good Transit
62
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Newbury Town Centre Regeneration
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£224,000
AvailableNB0000048255
View Location Analytics

Old Waterworks

Newbury, Newbury RG14 1RG
Lapwing Green
2
Bedrooms
1
Bathrooms
650
Est. Sq ft
house
Type
Available Plot Numbers
77
1 plot(s) available
Ownershipfreehold

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£224,000Old Waterworks

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Old Waterworks
Old Waterworks Newbury£224,000

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