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See how verdicts work1-bedroom flat · RG4 7AG
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive one bedroom first floor apartment with one allocated parking space, located in this prime central Caversham position close to coffee shops, Waitrose and popular local pub, only a 17 minute walk to Reading station.
Available with no onward chain and with a 972 year lease. Includes 15ft living/dining room, fitted kitchen and bathroom.
No onward chain SITUATION This property is a short walk from local amenities including the public library, doctors- surgery, dental practice, Thameside Primary School and an excellent range of small restaurants, pubs, local shops and Waitrose supermarket.
There are frequent bus services to Reading and beyond. Nearby, Christchurch Meadows and the Thames Towpath provide extensive opportunities for walking, cycling and sporting activities.
There is easy access to Reading mainline station with journey times to London Paddington approx.
25 minutes and has been further complemented with the arrival of Crossrail that offers direct routes to the central areas of the City of London COMMUNAL ENTRANCE HALL Telephone entry phone system, staircase to first floor, personal front door through to RECEPTION HALL Entry phone, door to LIVING/DINING ROOM 15'10 (4.83m) x 11'10 (3.61m) Front and side aspect double glazed windows, two radiators, built-in storage cupboard, leading through to KITCHEN 8'1 (2.46m) x 7'7 (2.31m) Fitted to comprise: worktops with sink unit, range of cupboards and drawers, fitted hob with extractor hood above and oven below, washing machine, wall mounted gas boiler, integrated fridge/freezer, tiled surrounds and floor DOUBLE BEDROOM 10'3 (3.12m) x 9'5 (2.87m) Front aspect double glazed window, radiator, fitted double width wardrobe with floor to ceiling mirror fronted doors BATHROOM Three piece suite comprising: panelled bath with separate shower, W.C., pedestal wash hand basin, tiled surrounds, radiator, extractor fan COMMUNAL GARDEN Well maintained communal gardens PARKING There is a residents parking area accessed from St Anne's Road with one allocated parking space (space immediately next to the garage) TENURE Leasehold Original lease - 999 years Lease remaining - 972 years Ground rent - £TBC per annum Service charge - £TBC per annum PLEASE NOTE NB - Some photographs have been digitally enhanced for marketing purposes COUNCIL TAX Band A FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
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
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FAQ
About Caversham, Reading
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