2-bedroom flat · RG30 1DT
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well-presented two-bedroom apartment is ideally situated within easy reach of local shops and regular bus routes into Reading.
The property features a generous open-plan living room and kitchen, a modern family bathroom, and an en-suite shower room to the principal bedroom.
Additional benefits include undercroft parking and convenient access to a nearby park, making it an excellent choice for both owner-occupiers and investors.
Lease Information: Approximately 110–111 years remaining on the lease Service charge: £4,000 per annum Ground rent: £400 per annum Location: West Reading covers an area in between Reading Town Centre to the east, Tilehurst to the West and Southcote to its South.
The three main roads leading into Reading; the Bath Road, Tilehurst Road and the Oxford Roads all run through West Reading, offering excellent transport links into the Town Centre and M4 via the A4 or A33.
There are some great schools in the area such as Wilson Primary School & St Edwards Prep School. The Oxford Road is a vibrant area with a diverse range of shops and restaurants.
Transport links include Reading West train station with trains to Newbury and London and several bus routes.
There is a range of local amenities including a large Tesco superstore and some excellent outside spaces such as Prospect Park which is Reading’s largest public park.
Property in the area includes grand Victorian town houses, smaller terrace homes, and modern homes and apartments.
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
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