2-bedroom flat · RG1 6BH
Under offerListed 1145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Masons are proud to offer to the market this immaculately presented, two bedroom, executive second floor apartment situated in a riverside complex on a sought after road in Reading Town Centre, within walking distance of a plethora of shops and amenities as well as Reading mainline station.
The property boasts great transport links to the M4 Motorway and has spacious accommodation comprising of a 14ft living/dining room, a 9ft kitchen, a 7ft balcony, a 12ft master bedroom with en-suite shower room, a 9ft second bedroom, a three piece bathroom and two storage cupboards.
Further benefits of the property include a long lease of approx.
975 years remaining, UPVC double glazing, lift access, a video entry system, secure allocated parking and the property is offered for sale with NO ONWARD CHAIN. VIEWING RECOMMENDED.
Front door opens into the hallway which boasts an airing cupboard and doors to... Master bedroom: 12`8" x 11`6" max Double glazed with a front aspect, cupboard and a door to the en-suite shower room.
En-suite shower room: Fitted with a panel enclosed shower, low level WC and hand wash basin. Bedroom 2: 9`6" x 8`9" Double glazed with a front aspect.
Bathroom: Fitted with a panel enclosed bath with overhead shower, low level WC and hand wash basin.
Living/dining room: 14`2" x 14`1" Double glazed with a dual aspect, an opening via an archway to the kitchen and a door to the balcony.
Kitchen: 9`11" x 7`6" Fitted with a range of modern eye and base level units with roll edge tops and tiled surround, sink with drainer, electric hob with extractor above, oven and integral appliances including a fridge/freezer, dishwasher and washing machine.
Balcony: 7`5" x 3`10" Outside: Allocated under croft parking is situated below the building with visitors bay parking available on the road.
The property is situated at the front of the building with the River Kennet situated to the rear and is just a short walk from all local amenities.
Notice Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given.Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance 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
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FAQ
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