2-bedroom flat · RG1 7AU
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive two-bedroom, two-bathroom apartment in Chatham Place offers comfortable modern living in a convenient location, making it an ideal purchase for first-time buyers, professionals, couples or investors.
The property benefits from two well-proportioned bedrooms, two bathrooms, and the added advantage of both a balcony and allocated parking.
The layout offers flexible accommodation, ideal for those working from home or couples seeking additional space and convenience.
Ideally positioned for access to Reading town centre, the property is within easy reach of a wide range of shops, restaurants, cafés and leisure facilities.
Reading railway station provides excellent transport links, including services to London Paddington and Elizabeth line connections, making it a great choice for commuters.
Combining practical living space, convenient transport links and the benefit of parking, this property presents an excellent opportunity for both owner-occupiers and buy-to-let investors.
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 advisors 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 Alfred Street, Berkshire
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