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 · RG4 8EJ
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A contemporary ground floor apartment, enjoying an elevated position, providing far reaching views over Hemdean Valley.
This well presented apartment is quietly situated in an exclusive modern development at the end of a no through road abutting a mature woodland.
The impressive accommodation comprises:- hall, modern open plan kitchen/living room with large balcony, two double bedrooms and a modern bathroom suite.
Externally the property benefits from a private balcony and residents parking.
Grove Hill close is conveniently located within close proximity of Caversham centre, shops, bus services and Balmore recreational Park. Viewing highly recommended. EPC rating C.
Council tax band C * 125 years from 08.12.2010, approximately 109 years remaining * Service charge, approx.
£135 per month * Ground rent £176 per year Entrance Hall - Open Plan Sitting Room/Kitchen/Dining Area - 6.68m x 4.09m (21'11 x 13'5) - Balcony - 4.39m x 1.98m (14'5 x 6'6) - Bedroom 1 - 2.69m x 4.19m (8'10 x 13'9) - Bedroom 2 - 3.00m x 3.02m (9'10 x 9'11) - Bathroom -
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
FAQ
About Grove Hill Close, Emmer Green, Reading
Explore nearby
