1-bedroom flat · RG4 5LY
For saleReduced £15k (−7.1%) on 25 MayListed 385 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 well presented, one bedroom first floor modern apartment situated within close proximity to local amenities and offering easy access into Caversham and Reading town centre along with Reading Mainline Station.
The spacious accommodation comprises of a 15ft living/dining room with access to the balcony, an 8ft modern kitchen, an 11ft master bedroom, family bathroom and a large airing/storage cupboard.The property offers ample parking and great transport links with the nearest bus station situated on the main road in front of the apartment building.
Further benefits of this property include a wrap around balcony and UPVC double glazing.VIEWING RECOMMENDED.
Front door opens into the hallway which boasts a large airing/storage cupboard and doors to: Bedroom 1: 11`6" x 9`11" Double glazed with a rear aspect.
Bathroom: Fitted with a panel enclosed bath with over head shower, low level WC and hand wash basin.
Living/Dining Room: 15`1" x 12`8" Double glazed with multiple aspects, sliding doors onto the wrap around balcony and an opening to the kitchen.
Balcony: Wrap around balcony offering multiple aspects and enclosed by metal fencing.
Kitchen: 8`2" x 7`4" Double glazed with a side aspect, fitted with a range of eye and base level modern units with roll edge tops and tiled surround, sink with drainer, oven and hob with extractor above, integral appliances including a fridge freezer and washing machine.
Outside: Parking for several vehicles. Nearby transport links including a bus stop on the main road outside the apartment building.
what3words /// cared.fruit.wire 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
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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 Meadow Way, Caversham
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