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 work3-bedroom flat · RG1 8BU
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
READING RIVERWORKS 1, 2 & 3 bedroom apartments now reserving SALES SUITE OPEN DAILY 24 Carraway Street, Reading, RG1 3GB Apartment No.161 is a contemporary, 3 bedroom apartment located on the sixth floor.
The open-plan kitchen, dining, living room leads out to the balcony with uninterrupted views of the River Thames and across to Christchurch Meadows.
All bedrooms are double bedrooms, with bedroom 1 benefiting from a fitted wardrobe and en suite, whilst the modern bathroom features wall tiling to selected areas and porcelain floor tiles.
About The Development Reading Riverworks is an exciting new community of over two hundred 1, 2 and 3 bedroom apartments at the heart of Reading.
Located in a prime riverside position on the site of the former power station, the development takes inspiration from its industrial past to deliver a new, reimagined neighbourhood of welcoming homes, carefully crafted for modern living.
This landmark waterfront development sits on the bank of the River Thames, connecting the river to the station and the thriving town centre and providing residents with easy access to the waterside walkway and Christchurch Meadows across the river.
About Berkeley Group For over 40 years the Berkeley Group has stayed true to the core values that have gained us the prestigious and industry-wide reputation we have today.
A winner of multitude of awards year on year, what we value even more is that 98% of our customers would recommend us. Please note: Travel times and distances are approximate.
CGIs and photography are indicative and are for illustrative purposes only.
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
FAQ
About Vastern Road, Reading, RG1
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