2-bedroom flat · RG31 6JB
Listing removedReduced £50 (−3.8%) on 16 SepListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parkers - Set on the second floor, is this beautifully presented two bedroom apartment which is located just 0.6 mile walk to Tilehurst station.
A well presented two bedroom, second floor apartment situated in a convenient development close to the heart of Tilehurst.
Ideally located within walking distance of Tilehurst mainline station, the property offers excellent transport links to London Paddington and Oxford, as well as easy access to local bus routes, shops, and everyday amenities.
The accommodation comprises a spacious lounge/dining room, a fitted kitchen complete with appliances, a modern shower room and two well proportioned bedrooms.
The exterior is an allocated parking space and communal grounds.
*To be freshly decorated and new flooring* Council Tax Band - C - Reading Borough Council Holding Deposit - 1 weeks rent Security Deposit - 5 weeks rent
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 MARKETING CARD - 25,, Wheeler Court, Tilehurst
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