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Flat 5, Kimbers Close, NEWBURY, Berkshire, RG14 5JF
Flat Requiring Refurbishment, Newbury
Flat 5, Kimbers Close, NEWBURY, Berkshire, RG14 5JF
For Sale
£60,000+
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
048
Key Features
Flat
Offered with vacant possession
Requires refurbishment / updating
Leasehold
EPC rating C
Description
Long leasehold first floor purpose built self-contained flat requiring modernisation. Accommodation: First floor: One bedroom, reception room/dining area, kitchen, bathroom/WC, cupboard Outside: Communal garden Gross Internal Area GIA: Approximately 50 sq m (537 sq ft)
Location
The property is situated within Kimbers Close which is located off West Mills via Kennet Road. Public transport links include Newbury Mainline Railway Station together with a network of local bus services serving the surrounding vicinity. Road links include the A339 and A4. Shopping amenities can be found locally within Newbury Town Centre, with an extensive range of shops, bars and restaurants being found in Newbury town centre and Parkway Shopping Centre. Recreational pursuits can be found locally at the open spaces of Victoria Park, Goldwell Park and the Kennet & Avon Canal towpath.
Investment Analysis
Investment Snapshot
Guide Price | £60,000+ |
Tenure | Leasehold |
Property Type | Residential, Refurbishment, Vacant |
EPC | C |
Published Rent | Not stated |
Initial Refurbishment Allowance | £15,000–£25,000 |
Suggested Strategy | Refurbishment & Resale |
Property & Refurbishment
Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Confirm lease length, ground rent, service charge and major works
Recommendation
Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Flip: ★★★★☆
BRRR: ★★★☆☆
Buy-to-Let: ★★★☆☆
Property Location:
Flat 5, Kimbers Close, NEWBURY, Berkshire, RG14 5JF
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Building Suppliers in your area
Tradespersons in your area
Professionals in your area
Benchmarx Newbury
Kitchens
Tel:
0163 545054
CEF Newbury
Electrical Suppliers
Tel:
01635521777
Grahams Plumbing Merchant Newbury
Plumbing & Heating
Tel:
01635 581125
Jewson Newbury
Builders Merchant
Tel:
01635 44146
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