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 work1-bedroom flat · RG31 5DB
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS – Offered to the market with no onward chain is this well-presented one-bedroom ground floor retirement apartment, exclusively available to residents aged 55 and over.
Ideally positioned just 0.4 miles from Tilehurst Triangle, the property benefits from its own private patio area and convenient access to local shops, amenities and bus routes.
Lease Remaining: 114 Years | Service Charge: £3,264.00 Per Annum | Ground Rent: £716.80 Per Annum The accommodation is presented in smart condition throughout and comprises a welcoming entrance hallway, a spacious living room with French doors opening directly onto the patio, a separate fitted kitchen, a generous double bedroom and a bathroom.
One of the standout features of this apartment is its ground floor position, providing easy access to the private patio, an ideal space to sit outside and enjoy the warmer months.
The property is conveniently located approximately 0.4 miles from Tilehurst Triangle, which offers an excellent selection of independent shops, supermarkets, cafés, pharmacies and other everyday amenities.
Regular local bus services are also within walking distance, providing convenient connections to Reading town centre and the surrounding areas.
Offered for sale with no onward chain, this apartment represents an excellent opportunity for those looking to downsize into a comfortable, low-maintenance home within a convenient and established retirement development.
Services available – Electric, Main Drainage Council Tax Band D - £2,612.77 The above information may be subject to change during the transaction period.
As part of our legal obligations under UK Anti-Money Laundering regulations, we are required to verify the identity of all buyers and carry out the appropriate Anti-Money Laundering (AML) checks.
To make this process as quick and straightforward as possible, you will be contacted by our trusted third-party verification provider, who will guide you through the necessary checks.
A small fee is payable to cover the cost of the identity verification and AML checks. These checks are a legal requirement and must be completed before we can fully progress with your purchase
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
Agent & docs
FAQ
About Pegasus Court, Park Lane, Tilehurst, Reading, RG31
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