3-bedroom flat · RG1 2BP
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free: Located only moments from Reading town center, the Oracle shopping center and Reading mainline station with its fast links to London is this modern and stylish apartment.
The property boasts three double bedrooms and two stylish bathrooms ( one en-suite). There is a spacious reception room with a balcony to the front and open plan to a modern and stylish kitchen.
In addition there is a balcony to the front, communal gardens to the rear and allocated parking. To appreciate the space on offer call now to view.
Communal Entrance A good sized communal entrance with stairs and lift to the second floor.
Hallway A good sized hallway with Amtico flooring, entryphone, cupboard with recces for the washing machine and the ventilation system.
Doors to: Living Room / Kitchen (6.48m x 3.78m (21'3 x 12'5)) A good sized room with double glazed window and door to the the balcony.
Wood effect flooring flooring, ceiling spot lights and open plan to the kitchen area.
Kitchen Area A modern and stylish kitchen with ample wall and base units, generous work surfaces with an inset sink, induction hob, oven, extractor, dishwasher and space for the fridge/freezer.
Splash backs, ceiling spot lights and open plan to the living area.
Bedroom One (4.90m x 3.71m (16'1 x 12'2)) A great sized room with ample space for wardrobes, wood effect flooring, double glazed window with views to the rear communal gardens and a door to the en suite.
En Suite (2.44m x 1.98m (8'0 x 6'6)) A modern and stylish shower room comprising of a good sized shower, WC, wash hand basin, heated towel rail.
Tiled floor, p[art tiled walls, extractor and a vanity mirror.
Bedroom Two (3.78m x 2.72m (12'5 x 8'11)) A light and airy room with a double glazed window to the side, wood effect flooring and ampler space for wardrobes.
Bedroom Three (3.68m x 2.49m (12'1 x 8'2)) Offering views to the front is this god sized room, wood effect flooring and ample space for wardrobes.
Bathroom (3.68m x 2.01m (12'1 x 6'7)) A modern and stylish bathroom comprising of a paneled bath with wall mounted fittings, WC, wash hand basin and a heated towel rail.
Part tiled walls, tiled floor, extractor and storage cupboard housing the hot water cylindrr and space for the water softener. Balcony Accessed from the living room with views to the front.
Communal Rear Garden Well maintained rear garden with bike storage and access to the under ground parking.
Tenure & Services Leasehold 999 years from 2019 Ground rent: £250 pa reviewed every 15 years Service charge £1607.59 per six months (3215.18) pa Parking. Allocated bay 16 Water. Mains Drainage.
Mains Electricity. Mains Gas. N/A Broadband. Ofcom-Ultrafst Mobile phone: The vendor is not aware of any restricted coverage
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
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FAQ
About Flat 24, 2, Silver Street, Reading
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