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 flat · RG4 7AN
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious two bedroom corner retirement apartment with dual aspect rooms.
Positioned on the first floor with residents lifts and presented in excellent order in this prestigious complex within half a mile of Caversham centre.
The development boasts beautifully maintained communal grounds, an on-site residents bistro, residents lounge and an activity room.
No onward chain COMPLEX FACILITIES Beechwood Grove has taken retirement to a new level with on-site features including in house bistro restaurant, hairdressing salon, elegant residents lounge, activity room & therapy room, mobility scooter store with charging points, two residents lifts and guest suite for friends and relatives who can stay overnight.
There is a concierge reception area and onsite care services with Tunstall emergency system with intercom, pull cord and wrist bracelet call system COMMUNAL RECEPTION Communal concierge with security fob entry system to inner hallway and lifts, lift to first floor with personal front door SPACIOUS RECEPTION HALL Spacious entrance hall with large coat cupboard LIVING/DINING ROOM Spacious dual aspect room with internal shutters and side double glazed door and Juliette balcony, naturally segregated for living and dining areas KITCHEN Well fitted comprising single drainer one and a half bowl stainless steel sink unit with mixer tap and cupboard under, with inset 4 ring electric hob with extractor hood above and integrated oven, fridge/freezer, washing machine and dishwasher BEDROOM ONE With rear aspect 16ft double bedroom with double glazed window BEDROOM TWO 13ft double bedroom looking over communal garden and bowling green BATHROOM (SHOWER ROOM) Comprising fully tiled double width shower with glass deflector, wash hand basin, W.C., contrasting tiled floor and walls with heated towel rail and extractor COMMUNAL GROUNDS Beechwood Grove is set in well maintained communal grounds which extend to the side and rear of the development where there is an all weather bowling green and communal activities area, vegetable patch, greenhouse and seating areas PARKING There are two parking areas accessed from Albert Road and to the rear of Dovedale Close including disabled parking TENURE Leasehold LEASE DETAILS Original lease - 125 years Lease remaining - 115 years Maintenance charge - £919.95 per month (includes gas, hot water and underfloor heating) Ground rent - 1 peppercorn per annum COUNCIL TAX Band D FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Beechwood Grove, Albert Road, Caversham
Explore nearby