Studio flat · RG30 2HZ
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Reading - Offered with 'No Chain' and with a Garage, this sought after and very spacious Ground Floor Studio Apartment is less than 2 years old and features Patio doors opening to a Private Terrace.
Offered to the market with no onward chain and available for the first time since being built in 2024, this spacious, purpose-built ground floor contemporary studio apartment is conveniently situated approximately two miles west of Reading town centre.
The property is ideally positioned for excellent transport connections, with regular bus services nearby, convenient access to Junction 12 of the M4 and both Tilehurst and West Reading railway stations within easy reach.
A wide range of local shops, cafés, supermarkets, gyms and green spaces are also located close by.
Accessed via a well-maintained communal entrance hall with telephone intercom entry system, the property enjoys a favoured position towards the rear of the ground floor.
The well-presented accommodation comprises a welcoming entrance hall with a practical built-in utility cupboard housing a Candy washer/dryer and air source heat pump.
This leads into a larger than average open plan living space, thoughtfully arranged with a divider wall creating a defined bedroom area.
There is also a contemporary fitted kitchen with integrated electric oven and hob, together with a modern shower room featuring a generous walk-in double shower cubicle, WC, wash hand basin and heated towel rail.
Patio doors from the living area open directly onto a private terrace, which in turn provides access to the communal grounds, creating a pleasant extension to the living accommodation.
A particularly valuable feature of the property is the single garage, accessed via the residents' car park to the side of the building and benefitting from its own EV charging point.
The development also provides a designated refuse area and communal bicycle storage for residents.
This modern apartment would make an ideal first-time purchase, downsizing opportunity or convenient 'lock up and leave' home.
Alternatively, it offers excellent potential for a purchaser looking to continue its use as a buy-to-let investment.
Reading Borough Council: Council Tax Band B Leasehold Information Lease Term: 125 years from 1 November 1993 Ground Rent: Approximately £40.00 per annum Service/Maintenance Charge: Approximately £978.17 per annum Purchasers' Note The internal photographs shown were taken prior to the current tenancy and are being used to respect the outgoing tenant's privacy.
Some photographs within these sales particulars may have been digitally enhanced to improve presentation, including the removal of temporary items, clutter and personal belongings.
The images remain a fair representation of the property and no structural alterations have been made.
Prospective purchasers should satisfy themselves as to the condition, size, layout and features of the property through inspection and their own enquiries.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 64, Rowe Court, Grovelands Road, Reading
Explore nearby