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See how verdicts work3-bedroom flat · RG2 0FW
For saleReduced £50k (−15.4%) on 5 SepListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stylish and well-presented three-bedroom executive apartment is situated on the second floor and benefits from high ceilings and a contemporary open-plan living/dining space, ideal for modern living and entertaining.
The property features a sleek, fully fitted kitchen with integrated appliances, perfectly suited for culinary enthusiasts.
The principal bedroom enjoys the added luxury of an en-suite shower room, while two further well-proportioned bedrooms are served by a modern family bathroom.
Additional benefits include an allocated parking space and an exceptionally long lease of approximately 970 years, offering excellent long-term security.
Offered to the market with no onward chain, this property is ideal for a swift and straightforward purchase.
Conveniently located in a sought-after development, the apartment provides easy access to local amenities, well-regarded schools, and excellent transport links, making it perfect for both commuters and families.
Early viewing is highly recommended to appreciate the quality and lifestyle on offer.
Location: Kennet Island is Located off the A33, the main road leading from junction 11 of the M4 into Reading Town Centre.
Close to Green Park and the Madjeski Stadium the development well situated for young professionals and families alike.
There are plenty of amenities on the doorstep including the fit@KI gym, the Island Lounge Café, Hudsons convenience store and the Little Kingdom Day care nursery.
There is also the Hilton Hotel with all of its facilities including the LivingWell gym with a swimming pool, steam room and sauna.
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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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
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FAQ
About Flat 6, 12, Gweal Avenue, Reading
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