1-bedroom flat · RG30 2AL
For saleReduced £20k (−10%) on 18 JulListed 126 days
Opportunity summary
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About
This beautifully presented second-floor apartment enjoys a highly convenient location, within easy reach of Reading West railway station, local shops and regular bus services into Reading town centre.
For those who prefer to walk, the town centre is approximately a level 15-minute stroll away. The property benefits from an allocated parking space and access to a communal courtyard area at the rear.
Accommodation comprises a communal entrance hall, private hallway, an impressively spacious living room featuring a bay window, a well-maintained kitchen/breakfast room, a modern shower room and a generous double bedroom.
Residents also have use of a shared storage shed located within the courtyard.
Offered to the market with no onward chain, this attractive apartment comes with a share of the freehold, zero ground rent, a service charge of £100 per month, and approximately 987 years remaining on the lease.
Location: West Reading covers an area in between Reading Town Centre to the east, Tilehurst to the West and Southcote to its South.
The three main roads leading into Reading; the Bath Road, Tilehurst Road and the Oxford Roads all run through West Reading, offering excellent transport links into the Town Centre and M4 via the A4 or A33.
There are some great schools in the area such as Wilson Primary School & St Edward?s Prep School. The Oxford Road is a vibrant area with a diverse range of shops and restaurants.
Transport links include Reading West train station with trains to Newbury and London and several bus routes.
There is a range of local amenities including a large Tesco superstore and some excellent outside spaces such as Prospect Park which is Reading’s largest public park.
Property in the area includes grand Victorian town houses, smaller terrace homes, and modern homes and apartments.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Flat 3, 21, Western Elms Avenue, Berkshire
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