2-bedroom flat · RG30 2AL
To rentListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just off the Oxford Road and within a couple of minutes walk to Reading West train station lies this larger than average, newly refurbished, new carpets throughout, part furnished 2 bedroom flat.
Freshly decorated throughout and commanding the entire top level of the property, access is gained from the driveway through the communal stairwell to private landing area.
Lounge/kitchen with fitted kitchen including fridge/freezer and new oven, dining table plus large sofa. Hallway laid leads to Bedroom 1 with double bed (new mattress), wardrobe and bedside cabinets.
Steps down lead to smart refurbished bathroom with shower over bath. At the back of the property lies the Master bedroom with double bed (new mattress), wardrobes and bedside cabinets.
AVAILABLE IMMEDIATELY EPC: Band D. COUNCIL TAX: Band B = £1,934.42 for 2025/26. ENERGY: Mains electric, Mains Gas Central Heating.
INTERNET & MOBILE: Further information on availability and speeds can be found at DEPOSIT INFORMATION: At a rent of £1400 per calendar month: Total Tenancy Deposit = 5 weeks rent £1615 (Holding Deposit = 1 weeks rent £323)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Western Elms Avenue, Reading
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