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See how verdicts work2-bedroom flat · RG2 7BJ
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain is this contemporary two-bedroom second-floor apartment, situated within the attractive Wessex Gate development on Shinfield Road.
The accommodation comprises a spacious open-plan living/dining area with a modern fitted kitchen, two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a further bathroom.
The property is located on the second floor with no lift access and further benefits from an allocated parking space and attractive landscaped communal grounds.
Wessex Gate is conveniently positioned for the Royal Berkshire Hospital, University of Reading and Reading town centre, making the property particularly well suited to first-time buyers, professionals or investment purchasers.
Early viewing is recommended.
Location: Wessex Gate can be found on at the junction of Wellington Avenue and Shinfield Road Reading is a thriving, well-connected town in the heart of Berkshire that combines the charm of riverside living with the energy of a growing urban hub.
Ideally situated just 25 minutes from London Paddington by train, it appeals to commuters, families, and professionals alike.
The town is undergoing exciting regeneration, bringing new homes, retail, and leisure developments to an already dynamic community.
Reading boasts an excellent selection of amenities, including The Oracle shopping centre, a lively restaurant and nightlife scene, and picturesque riverside walks along the River Thames and River Kennet.
Its highly rated schools, including several top-performing grammar and independent schools, make it particularly attractive for families.
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
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FAQ
About Flat 7,, Wessex Gate, Reading
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