4-bedroom house · RG1 8GN
For saleReduced £10k (−1.6%) on 9 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 80% sold - book appointmnet now With easy access to Reading Station this impressive 4-bedroom home, offering substantial and flexible living space over three levels, and well-suited to growing families.The ground floor offers a separate dining kitchen with a selection of integrated appliances, and doors opening onto the rear patio.
On the first floor are two of the four bedrooms, and the family bathroom which is equipped with contemporary white sanitaryware. Bedroom 1 boasts an en-suite shower room.
The second floor comprises the remaining two bedrooms. Bedroom 2 benefits from an en-suite shower room, ideal for a teenager who would like more independence, or for regular overnight guests.
Local Authority: Reading Borough Council Council Tax Band: To be confirmed (new build) Predicted EPC Rating: Leasehold: 999 year lease reducing by the number of months that have passed between the first legal completion of an apartment on the development and the legal completion of this plot Estate charge: £165 (est.) per annum The property is built on a development of houses and apartments located off the A4155 within close proximity to Reading town centre and train station On acceptance of an offer on this property, The Developer requires a £1,000 reservation fee to be paid.
If contracts are not exchanged on the sale, The Developer will retain the reservation fee less reasonable administrative costs, and other costs up to a maximum sum of £500 as detailed in the new homes quality code Services: Water - tbc Drainage - tbc Electricity - tbc Heating - Electric panel heaters Hot water - Air Source Heat Pump and Cylinder Broadband: Ultrafast Fibre Connectivity Openreach to be installed.
Please check via Ofcom website Mobile phone coverage: Please check via Ofcom website Flood Risk: Flood risk website states - Very low risk of surface water flooding and low risk of rivers and sea flooding Agents Note: All internal photographs are used for illustrative purposes only and depict the interiors of Bellway Show Homes.
They do not reflect the layout and finishes of this home.
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 16, Carter's Close, Reading
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