We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG1 7AN
For saleReduced £10.5k (−16.3%) on 15 OctListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this contemporary fourth-floor one-bedroom apartment is available on a 30% shared ownership basis, with the option to staircase up to full 100% ownership.
The accommodation comprises a double bedroom, a stylish bathroom, and a modern open-plan kitchen/living area with doors leading to a private balcony.
Further benefits include lift access and a secure allocated parking space.
Conveniently located close to Reading town centre and the mainline train station, this property offers excellent access to local amenities and transport links.
Ideal for professionals or couples, it presents a superb opportunity to enjoy modern city living with the flexibility to own outright in the future.
Location: Mayer House located in Chatham Place within the fringes of Reading Town Centre.
Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so.
Home to many of the city's commuters there are excellent road or rail links to Swindon, Oxford, Basingstoke, Heathrow and farther afield.
Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
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, Mayer House,, Chatham Place, Berkshire
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