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 · RG7 1FP
Listing removedReduced £20k (−7.7%) on 30 JunListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Closed onward chain.
Romans are delighted to bring to the market this well-presented two-bedroom ground floor apartment with private balcony/ patio area, allocated parking and visitor parking, situated within a popular modern development in Spencers Wood.
Offered in excellent condition throughout, this property provides well-proportioned accommodation ideal for first-time buyers, downsizers or investors.
The accommodation extends to approximately 599 sq ft and comprises an entrance hallway with storage, a spacious open-plan kitchen/living area measuring over 22ft in length with direct access to a private balcony/ patio area, two bedrooms, an en-suite shower room to the principal bedroom and a separate family bathroom.
The kitchen is fitted with a range of modern units and integrated cooking facilities, while both bathrooms are presented to a high standard.
Externally, the property benefits from allocated parking together with additional visitor parking, and is set within well-maintained communal grounds.
Located in the sought-after village of Spencers Wood, the property is conveniently positioned for a range of everyday amenities including local shops, supermarkets, cafés, public houses, healthcare facilities and well-regarded schools.
The development offers easy access to the A33, providing direct routes to Reading and Basingstoke, while Junction 11 of the M4 is within easy reach for commuters travelling further afield.
Nearby railway stations include Reading, Earley and Mortimer, offering services to London Paddington, the Elizabeth Line network and wider destinations across the South East.
Regular bus services also connect Spencers Wood with Reading town centre and surrounding areas.
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 Flat 2, 186, Fullbrook Avenue, Reading
Explore nearby