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 8FY
For saleReduced £25k (−6.7%) on 5 SepListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market is this fantastic two-bedroom apartment, ideally situated in a sought-after central location within striking distance of both Reading and Caversham.
The property is presented in immaculate condition throughout and benefits from laminate flooring to the majority of the accommodation, with the main bedroom featuring fitted carpet.
The main bedroom benefits from a fully tiled en-suite shower room and a dedicated open-plan walk-in wardrobe area.
The impressive open-plan kitchen/living/dining room provides a spacious and sociable living space.
The modern kitchen features a range of integrated appliances, while the living area provides access to a private balcony via double doors.
The property also benefits from a fully tiled family bathroom, complete with a shower over the bath.
The property is well proportioned throughout and further benefits from one allocated undercroft parking space, along with access to a communal bike storage room.
Lease: Approximately 996 years remaining Ground Rent: Peppercorn Service Charge: £178 per month Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Flat 12, Cox Terrace, Reading
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