2-bedroom flat · RG30 4EW
Sold STCListed 441 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS - Offered for sale with No Onward Chain.
A one bedroom top floor apartment conveniently located within easy walking distance of open parkland, the Meadway shopping precinct, local amenities and the 33 bus route with services running frequently, allocated parking and 102 years remaining on the lease.
The top floor apartment accommodation includes; entrance hall, kitchen, light and airy living room, two well-proportioned bedrooms, hallway storage and bathroom.
Outside there is allocated parking and guest parking along with communal grounds.
Shilling Close is located close to bus services into Reading Town Centre, Prospect Park, Asda supermarket and Tilehurst Village.
At the time of Instruction we have been advised by the vendors of the following information: 102 years remaining on the lease Service Charge £186.88 Per Annum.
Council Tax Band C (Reading Borough Council) £2,210.76 P/A. Services available – electric, gas, main drainage The above information may be subject to change during the transaction period.
These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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 Shilling Close, Tilehurst, Reading, Berkshire, RG30
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