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See how verdicts work2-bedroom flat · RG1 6QR
For saleReduced £10k (−5%) on 8 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Reading - No Onward Chain - A smart 2 double Bedroom Ground Floor Apartment, recently updated and complemented by communal grounds and residents parking is conveniently located approx.
1 mile from Town Centre.
Situated in leafy surroundings in the Coley Park area, approximately 1.5 miles from Reading town centre, this purpose built ground floor apartment is offered with the added advantage of no onward chain, a newly extended lease term and has been well maintained and updated to offer a superb 'turn key' home or investment.
The property is ideally positioned with a local parade of shops, regular bus services, recreation ground and schools are all within 1/4 mile.
All other amenities are within 1.5 miles to include Reading West or Reading main line train stations and the M4 motorway is a simple and commute by car.
Approached via a communal entrance hall with intercom entry system, the property is positioned on the ground floor.
The front door opens to an entrance hall which has doors to all rooms and a practical utility cupboard housing plumbing for automatic washing machine.
These consist of a spacious dual aspect living room with new carpets, a separate contemporary kitchen with front aspect window and includes integrated 'Bosch' electric ovens, hob, fridge/freezer and dishwasher and is complemented by ambient LED under counter lighting.
Both double bedrooms are to the rear aspect and feature stripped wood effect laminate flooring.
The front aspect modern bathroom is fitted with a white suite to include spa bath with shower over and glazed shower screen.
General notable features include newly replaced independent electric heaters and UPVC double glazed windows.
Outside, the property sits in well maintained communal grounds shared by residents with block paved areas providing ample parking.
Please contact Sansome & George Estate Agents for more information or to arrange a viewing appointment.
Leasehold Information:- Lease Term:- 125 years from 1/1/1991 hence circa 90 years remaining Ground Rent:- £120.00 per annum Service/Maintenance Charges:- £2200.00 per annum Reading Borough Council - Band C
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 Flat 9, Charnwood House, Rembrandt Way, Reading
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