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See how verdicts work5-bedroom house · RG1 2BL
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding opportunity to acquire a truly unique and character-filled property, set within what is believed to be the oldest surviving Lancastrian school building in Britain.
This remarkable Grade II listed conversion seamlessly combines centuries of history with contemporary living, creating a distinctive home that is equally suited to investors, growing families, or those seeking a property of exceptional heritage and charm.
Arranged over four floors, including a loft room, the accommodation offers impressive versatility with five well-proportioned bedrooms, three of which benefit from their own ensuite facilities.
A family bathroom is located on the third floor and features a convenient Jack-and-Jill arrangement serving the fourth bedroom, while a separate ground-floor WC adds further practicality.
The heart of the home is the spacious, fully fitted kitchen and dining area, providing an ideal setting for entertaining and everyday family life.
Patio doors open onto a small private enclosed courtyard-style patio, offering a touch of outdoor space. A useful utility area on the ground floor further enhances the property's functionality.
Rich in character, the property retains many original architectural features and elements of the historic structure, offering a rare blend of heritage and modern comfort.
Thoughtfully updated throughout, the interiors provide a contemporary feel while respecting the building's remarkable past.
The flexible layout allows the accommodation to adapt to a variety of lifestyles, with one of the bedrooms easily serving as an additional lounge, reception room, home office, or living space if desired.
Further benefits include allocated parking and a highly convenient central location, placing local amenities, transport links, and attractions within easy reach.
A rare chance to own a piece of British history, this impressive residence presents a premium investment opportunity with strong appeal to investors while also offering an exceptional family home full of character, versatility, and timeless appeal.
EPC Rating: C Garden Small Patio Area.
Parking - Allocated parking Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.
The measurements given are approximate. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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 Southampton Street, Reading, RG1
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