2-bedroom flat · RG1 4GQ
For saleReduced £10k (−4.3%) on 21 AugListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Reading, is this two-bedroom apartment, within striking distance of the Oracle shopping centre. Being sold with no chain.
Situated in a sought-after central Reading location, this beautifully presented apartment at Compass House offers contemporary living ideal for professionals, first-time buyers, or investors alike.
The property features a bright and spacious open-plan living and dining area, complemented by a modern fitted kitchen with integrated appliances and stylish finishes throughout.
Generous windows allow for plenty of natural light, creating a welcoming and airy atmosphere.
The accommodation further benefits from well-proportioned bedroom(s), a sleek modern bathroom, and ample storage space.
Residents also enjoy secure entry access and convenient proximity to Reading town centre, the mainline station, and a wide range of shops, restaurants, and leisure facilities.
Perfectly positioned for commuters, the property offers excellent transport links including fast rail connections to London Paddington.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 29, Compass House, Reading
Explore nearby
.png){kind=logo}
