2-bedroom flat · RG30 2AL
For saleReduced £10k (−4.5%) on 9 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful two bedroom apartment set within a striking Victorian building, offering the perfect blend of period charm and modern comfort for first time buyers, investors and downsizers alike.
Internally, the property boasts wonderfully high ceilings throughout, a hallmark of its Victorian heritage, creating a real sense of space and light.
Sash windows have been carefully retained, preserving the character of the building while offering a timeless period feel.
The accommodation comprises two well-proportioned bedrooms and a family bathroom.
Outside, residents benefit from a communal garden, a lovely spot to relax and unwind, along with the added convenience of off street parking, a real premium in this sought-after pocket.
The lease is currently being extended to 950 years, offering real peace of mind for buyers, and there is no external management company, keeping things straightforward and cost-effective for owners.
Ideally located, the property is just a two minute walk from Reading West station, perfect for commuters, with Lidl and a range of other local shops also within easy walking distance.
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 Flat 4, 19, Western Elms Avenue, Berkshire
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