We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · RG30 1AB
Sold STCListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market as an excellent investment opportunity, this property comprises two self-contained flats producing a rental income of £2,595 pcm, which represents a gross yield of 8.3%.
Ideally situated in West Reading and conveniently located within walking distance of Reading West Station, a retail park and a variety of independent shops and local amenities.
The property is well positioned and will appeal to investors seeking a property within walking distance of the town centre and mainline station.
The ground floor flat features a refitted kitchen and contemporary bathroom, two well-proportioned bedrooms and a spacious reception room.
The first floor flat offers a refitted kitchen, modern bathroom, generous double bedroom and a bright reception room.
Externally, the property benefits from a substantial rear garden, with a patio area leading onto an extensive lawn, providing valuable outdoor space and further enhancing its appeal.
Additional Information: Agents note Due to the configuration of the property, we recommend that prospective purchasers seek independent mortgage advice prior to making an offer.
Parking On-street parking requires residents' and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check "permit charges" Lease information.
Share of freehold Property construction – Standard form Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - Gas central heating Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) Mobile phone coverage For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
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
.png)
FAQ
About 236, Oxford Road, Reading
Explore nearby