# 1 bedroom flat for sale (RG14 7GR) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 41, LOCKINGE HOUSE, KINGMAN WAY, NEWBURY, WEST BERKSHIRE RG14 7GR | | Price | £220,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | C | | Last sold | £212,500 Feb 2026 | ## Description **Property Description** *TRACK VIEWS* A rarely available one bedroom Newbury racecourse flat with track views. With the benefit of a generous balcony and no onward chain. Allocated parking. ## Property Photos - ![Balcony](/listings/photos/157176083/810393) - Balcony - ![Living Room](/listings/photos/157176083/810394) - Living Room - ![Kitchen](/listings/photos/157176083/810395) - Kitchen - ![Living Room](/listings/photos/157176083/810396) - Living Room - ![Hallway](/listings/photos/157176083/810397) - Hallway - ![Kitchen](/listings/photos/157176083/810398) - Kitchen - ![Hallway](/listings/photos/157176083/810399) - Hallway - ![Bedroom](/listings/photos/157176083/810400) - Bedroom - ![Bedroom](/listings/photos/157176083/810401) - Bedroom - ![Hallway](/listings/photos/157176083/810402) - Hallway - ![Living Room](/listings/photos/157176083/810403) - Living Room - ![Bathroom](/listings/photos/157176083/810404) - Bathroom - ![Living Room](/listings/photos/157176083/810405) - Living Room - ![External](/listings/photos/157176083/810406) - External - ![External](/listings/photos/157176083/810407) - External - ![External](/listings/photos/157176083/810408) - External - ![External](/listings/photos/157176083/810409) - External - ![External](/listings/photos/157176083/810410) - External - ![External](/listings/photos/157176083/810411) - External - ![Kitchen](/listings/photos/157176083/810412) - Kitchen - ![External](/listings/photos/157176083/810413) - External - ![Kitchen](/listings/photos/157176083/810414) - Kitchen ## Floorplans - ![Floor Plan](/listings/photos/157176083/810415) - Floor Plan ## EPC Graphs - ![EPC](/listings/photos/157176083/810416) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | LOCKINGE HOUSE FLAT 41 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GR | £212,500 | 13/02/2026 | Flat | | LOCKINGE HOUSE FLAT 41 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GR | £235,000 | 29/06/2018 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CAPE CROSS HOUSE 25 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GU | £340,000 | 28/01/2026 | Flat | | LOCKINGE HOUSE FLAT 20 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GR | £275,000 | 22/12/2025 | Flat | | CAPE CROSS HOUSE 8 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GU | £323,000 | 19/12/2025 | Flat | | LOCKINGE HOUSE FLAT 40 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GR | £288,000 | 12/12/2025 | Flat | | SOUTHMEAD HOUSE FLAT 14 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7FY | £258,000 | 09/12/2025 | Flat | | SOUTHMEAD HOUSE FLAT 52 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7FY | £270,000 | 10/10/2025 | Flat | | SELKIRK HOUSE 3 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GP | £102,000 | 26/08/2025 | Flat | | WOODHAY HOUSE FLAT 12 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GW | £310,000 | 24/11/2023 | Flat | | FARRIERS HOUSE 18 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GT | £330,000 | 17/11/2023 | Flat | | CAPE CROSS HOUSE 21 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GU | £365,000 | 06/01/2023 | Flat | | LOCKINGE HOUSE FLAT 33 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GR | £235,000 | 21/12/2022 | Flat | | WOODHAY HOUSE FLAT 9 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GW | £195,000 | 19/12/2022 | Flat | | FARRIERS HOUSE 14 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GT | £330,000 | 12/12/2022 | Flat | | SELKIRK HOUSE 21 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GP | £88,800 | 08/12/2022 | Flat | | WOODHAY HOUSE FLAT 25 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GW | £333,000 | 02/12/2022 | Flat | | SOUTHMEAD HOUSE FLAT 40 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7FY | £285,000 | 11/11/2022 | Flat | | HACKWOOD HOUSE 4 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7FZ | £106,000 | 28/10/2022 | Flat | | WOODHAY HOUSE FLAT 14 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GW | £340,000 | 17/10/2022 | Flat | | SOUTHMEAD HOUSE FLAT 50 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7FY | £300,000 | 07/10/2022 | Flat | | CAPE CROSS HOUSE 16 KINGMAN WAY, NEWBURY, WEST BERKSHIRE, RG14 7GU | £375,000 | 30/09/2022 | Flat | **Area average:** £272,440 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £209,047 (63 Flat, RG14, 2024–2026) - **Deviation:** +5.2% ## Rental Range *ONS Price Index of Private Rents (West Berkshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,161/mo - **Realistic:** £1,290/mo - **Optimistic:** £1,419/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Eeklo Place, RG14 | £950/mo | 1 | 0.85 miles | OpenRent | **Average rent: £950/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.43% (weak for cashflow) - **Max investor price (0.8%):** £118,750 - **Target investor price (1%):** £95,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £950/mo).* - **Gross yield:** 5.2% - **Cost-to-rent:** 19.3× - **Monthly cashflow:** £-36/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -15.9% - **10y growth:** 11.9% ## House Price Index (HM Land Registry) *Official index for West Berkshire; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -2.7% - **5y growth (index):** 6.8% - **10y growth (index):** 13.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)