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 work2-bedroom flat · RG1 3FZ
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented premium seventh-floor apartment within the sought-after Huntley Wharf waterside development, offering a larger dual-aspect design with bright and spacious open-plan living.
The contemporary kitchen features integrated appliances and flows seamlessly into the main living area, creating an ideal space for both relaxing and entertaining.
The property benefits from two double bedrooms, including a principal bedroom with stylish en-suite, alongside a high-specification main bathroom and excellent built-in storage throughout.
Further benefits include allocated undercroft parking, well-maintained communal grounds, and an excellent location within walking distance of Reading town centre and Reading mainline station.
Additional Information: - Parking There is an allocated undercroft parking space. Lease information.
Years remaining: 999 years from the 1st day of July 2021 Service charge: £2,162.02 every 6 months Ground Rent: £250 pa Ground rent review period: Every 25 years, review July 2046 in line with RPI Service Water – mains Drainage – mains Electricity - mains Heating - communal boiler 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
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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 20 Carraway Street RG1
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