1-bedroom flat · RG1 3GY
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step into a welcoming hallway that immediately sets the tone for this well-designed home.
To the right, a handy storage room keeps everyday essentials out of sight, while to the left, a sleek en-suite bathroom offers convenience and privacy.
The standout feature of this property is its bright and spacious open-plan living room and kitchen, flooded with natural light and opening onto a private balcony with peaceful views across the neighbourhood.
It’s the ideal space to relax, entertain, or enjoy your morning coffee in style. The adjoining bedroom is generously sized and includes built-in wardrobes, offering smart, functional storage.
Perfectly positioned just a short stroll from Reading town centre and the main train station, this home combines comfort and convenience, making it an excellent choice for first-time buyers, professionals, or investors seeking strong rental potential Bedroom Lounge / Kitchen Diner Lounge Hallway Entrance Hall Storage Room Utility Room Bathroom Bathroom
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 Flat 23, 4, Palmer Street, Reading
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