2-bedroom flat · RG2 0GJ
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within Heron House, Reading, this well-positioned two-bedroom ground floor apartment presents an excellent opportunity for first-time buyers looking to step onto the property ladder, as well as investors seeking a property in a convenient location.
The apartment offers two well-proportioned bedrooms and two bathrooms, providing practical and versatile accommodation for modern living.
The ground floor position adds to its convenience, while the allocated parking space is a valuable benefit for residents.
A particularly attractive feature is the impressive 987-year lease, offering buyers long-term security and added peace of mind.
The location provides convenient access to Reading town centre, with its extensive range of shops, restaurants, cafés and leisure facilities.
Reading's mainline railway station offers excellent connections to London and beyond, making the area particularly appealing to commuters and professionals.
Local amenities and transport links are also within easy reach.
Offered to the market with no onward chain, this apartment provides the opportunity for a smoother purchase process, subject to the usual legal and mortgage requirements.
Combining two bathrooms, allocated parking, a lengthy lease and a convenient Reading location, this property is an excellent option for first-time buyers and investors alike.
Early viewing is highly recommended.
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 14,, Heron House, Reading
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