2-bedroom flat · RG30 1BU
To rentReduced £50 (−3.7%) on 13 OctListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This wonderful character Property has been professionally converted in to 2 separate Apartments, the Flat available is on the Ground floor, it has an off street parking space, 2 double bedrooms, Gas central heating + high quality fixtures and fittings.
Front door from parking area leads into Entrance Hall, door leads off into Shower room and further door opens in to the open plan Kitchen / Living room, Living rooms has solid Oak flooring, Kitchen has oak work tops, inset marble chopping board, hob/oven and extractor, a Fridge/Freezer and a space for a washing machine.
Across the Living area is an inner hallway which leads to the 2 separate double bedrooms. Note - The furniture currently in situ is a Sofa, coffee table and a large Wardrobe.
Notice All photographs and particulars are provided for guidance only. Redress scheme provided by: Deposit Protection Service Ltd (1203396) Client Money Protection provided by: Cmp (CMP004567)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 51a, Beresford Road, Reading
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