1-bedroom flat · RG1 3FR
Sold STCListed 932 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Henry Wiltshire are pleased to offer for sale this 1 bed apartment in Verto Building, an exclusive development in the heart of Reading.
The apartment comprises of open plan fully integrated kitchen / lounge area with doors leading to balcony with views overlooking the canal; bedroom; bathroom and storage area.
The property is finished to a high specification with hardwood oak engineered flooring and carpets in the bedrooms, with ceramic tiling and underfloor heating in the bathrooms; fully-fitted with a contemporary Commodore designed kitchen, Sonoma Oak worktops and splashbacks and Bosch appliances, in addition the property is to be fully furnished to a contemporary standard in keeping with they style of the property.
The development boasts an elegant entrance lobby, complete with natural stone tiling and feature lighting throughout. Bicycle storage will be included for all residents.
There is lift access to all levels of the building with concierge service on hand to assist residents.
Located just minutes away from the Reading train station and numerous shopping amenities such as the Oracle, Broad Street Mall and Broad Street.
Value & comps
No previous sales on record.
Returns
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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 Apartment 308, Verto building,120 Kings Road, Reading
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