1-bedroom house · RG31 5DB
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VP - NO ONWARD CHAIN. Presented to the market is this larger than average one-bedroom flat located in the desirable Pegasus Court on Park Lane.
This purpose-built property is ideally suited for those aged over 55, offering a peaceful and supportive community environment.
As you enter the flat, you will find a welcoming reception room that provides a comfortable space for relaxation and entertaining.
The well-appointed large bedroom offers a tranquil retreat, perfect for restful nights. The flat also features a shower room, designed for convenience and ease of use.
Pegasus Court is not just a residence; it is a community that fosters a sense of belonging and security.
With its prime location, you will have easy access to local amenities, ensuring that everything you need is within reach.
This flat presents an excellent opportunity for those looking to downsize or seeking a comfortable living space in a friendly environment.
Do not miss the chance to make this delightful property your new home. Lease - 115 years No ground rent Service charge - £3264 p/a Council tax band - D
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
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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 Park Lane, Tilehurst, Reading
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