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 house · RG1 4EA
Listing removedReduced £20k (−6.3%) on 13 SepListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within this popular conservation area that offers easy access to Reading mainline station, The Royal Berkshire hospital, Reading University and the Oracle shopping center is this terraced home that boasts an abundance of period charm.
The property boasts two reception rooms with stripped wood flooring and two double bedrooms. In addition is a modern kitchen and a good sized bathroom.
To the rear there is an easy maintain West facing garden that is ideal for summer entertaining. To appreciate the location and space on offer call now to view.
Dining Room (3.53 x 2.99 (11'6" x 9'9")) A welcoming and spacious dining room with polished wooden floor, gas fire, window to the front of the property and door to the living room.
Living Room (2.99 x 2.79 (9'9" x 9'1")) A good sized living room with polished wooden floor, window overlooking the garden, stairs to the first floor, understairs cupboard and door to the kitchen Kitchen (4.21 x 1.62 (13'9" x 5'3")) Galley style kitchen with tiled floor, plenty of storage units, roll top work surfaces, a large window to the side of the property built in oven and hob, space for a washing machine and fridge freezer, doors to the garden and the bathroom.
Bathroom (1.7 x 2.15 (5'6" x 7'0")) Bright and modern bathroom with tiled floor, bath with shower, sink, WC and frosted window to the side of the property.
Bedroom One (2.99 x 2.55 (9'9" x 8'4")) A large, carpeted double bedroom with lots of natural light from the window overlooking the front of the property and built in storage.
Bedroom Two (2.99 x 2.55 (9'9" x 8'4")) An equally large, carpeted double bedroom with lots of light and views from the window overlooking the garden. A pull down ladder to the boarded loft.
Garden A well maintained and quiet, west facing garden with good sized patio area - perfect for evening barbecues. Services Water. Mains Drainage. Mains Electricity. Mains Heating.
Gas Appliances: All the appliances are untested Mobile phone. The vendor is not aware of any specific restricted mobile phone coverage Broadband. Ultrafast, obtained from Ofcom
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
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FAQ
About 22, Eldon Street, Reading
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