1-bedroom flat · RG1 3NP
For saleReduced £60.9k (−17.4%) on 21 JunListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market is this rarely available split-level apartment, ideally positioned within the highly sought-after Huntley Wharf development.
The property benefits from lift access, secure entry, and allocated undercroft parking with an electric vehicle charging point.
Arranged over two storeys, the accommodation comprises an entrance hall leading to a generous double bedroom with built-in storage, a contemporary shower room, and a practical utility area.
A staircase rises to a welcoming 23-foot open-plan living space, featuring a fully integrated kitchen with appliances.
Sliding doors open onto a privately enclosed courtyard, providing an ideal space for outdoor relaxation or entertaining.
Additional Information: Parking The property has undercroft parking with EV charging point Lease information.
Years remaining: 995 Service charge: £4,468.00 pa Ground rent: £250 Ground rent review period: Every 25 years, in line with rpi, next review 2046.
Property construction – Standard form Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - Heating - Communal boiler heating Septic tank - We understand the septic tank will not be compliant with the new General Binding Rules.
Prospective purchasers will need to check their obligations prior to submitting an offer.
Information is available on the website “Septic tanks and sewage treatment plants” Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) Superfast - Fibre to the cabinet (fttc) Standard - adsl/copper wire
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
FAQ
About Flat 30, 23, Joseph Huntley Walk, Reading
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