1-bedroom house · RG2 8PH
Listing removedReduced £18k (−30%) on 26 MayListed 332 days
Opportunity summary
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About
**ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT** **NEW CARPET THROUGHOUT** Welcome to Orchard Court!
Churchill Sales & Lettings are delighted to be marketing this one bedroom first floor apartment with garden views. The property is in need of some modernisation throughout.
The Kitchen is accessed via the Living Room with a range of eye and base level units with working surfaces over. There is space for an oven, a fridge/freezer and washer/dryer.
Windows allow for light and ventilation. The Living Room offers ample space for living and dining room furniture. A large window allows lots of light in and provides views of the communal grounds.
The Bedroom is a good size double room and offers plenty of space for additional furniture. A large window keeps this bedroom bright and light.
The Bathroom offers a bath tub with overhead shower and handrail, a WC, Wash hand basin and storage cabinet.
Perfectly complementing this apartment are two useful storage cupboards located off the hallway. Call us today to book your viewing at Orchard Court!
Orchard Court is an attractive property situated on the west side of Reading and about 2 miles from the town centre.
It is very close to junction 12 for easy access to the M4 and London and consists of 20 one bed flats.
The Court manager is on hand throughout the day to support the Owners and keep the development looking clean and safe.
They are also responsible for the day to day running of the court including looking after the Health & Safety, property management and resident engagement Orchard Court has been designed with safety and security at the forefront.
The apartment has an emergency Careline system installed, monitored by the onsite Development Manager during the day and 24 hours, 365 days a year by the Careline team.
Secure door entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Orchard Court is managed by the award-winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Orchard Court accepts residents over the age of 55. Service Charge (Year Ending 30th March 2027): £4,573.02 per annum.
Ground Rent: There is no Ground Rent collected at this development Council Tax: B 99 year Lease commencing 2019 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, water rates, communal lighting, heating and cleaning, communal utilities and maintenance, garden maintenance, lift maintenance, Local Housing Manager.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Orchard Court, Reading, Berkshire
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