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See how verdicts work2-bedroom flat · RG1 7JX
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership show apartment launching Saturday 3rd October 10AM to 2PM – please contact us to book your appointment Own a home in Reading town centre from £38,750 with a deposit from just £1,938 based on a 10% share Plot 10 is a contemporary two-bedroom apartment located on the first floor at Chatham Heights, offering open-plan living, a modern fitted kitchen with integrated appliances, and stylish bathroom suite and an allocated EV parking space.
Designed for modern living, this home provides an affordable opportunity to step onto the property ladder in a sought-after town centre location.
Chatham Heights is an exciting collection of Shared Ownership homes in the heart of Reading, with a range of one, two and three-bedroom apartments available.
Shares are available from 10% to 75%, subject to affordability, with the opportunity to increase your share over time up to full ownership. The property comes with your own allocated parking space.
Perfectly positioned for town centre living, Chatham Heights places you moments from Reading station, riverside walks and the wide range of shops, restaurants, cafés and leisure facilities Reading have to offer.
With direct rail services to London Paddington in under 30 minutes and excellent road connections via the M4, the development combines convenience with excellent connectivity for commuters and local residents alike.
Pricing & affordability Full market value: £387,500 10% share price: £38,750 (rent £799.22 pcm) 25% share price: £96,875 (rent £666.02 pcm) 50% share price: £193,750 (rent £444.01 pcm) Minimum 5% mortgage deposit (based on a 10% share): £1,938 Approximate service charges: £104.47* Shared Ownership lease: 990 years Council Tax Band: New build, tbc Reservation fee: £500 Disclaimer *Other shares are available and are subject to affordability assessment and eligibility criteria.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
**Service charges are estimated, reviewed once a year and are subject to change.
Kitchen/Dining Room (4.29m x 4.19m (14'1 x 13'9)) Living Room (2.46m x 3.63m (8'1 x 11'11)) Bedroom 1 (3.61m x 3.45m (11'10 x 11'4)) Bedroom 2 (3.73m x 2.03m (12'3 x 6'8))
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
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FAQ
About Chatham Heights, 115, Plot 10 Chatham Street, Reading
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