3-bedroom house · RG1 3EJ
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walmsley Estate Agency are delighted to offer to the market this well-presented three-bedroom first floor apartment, situated in the highly sought-after Sussex House in the heart of Reading town centre.
The property offers excellent access to Reading mainline station, the Oracle shopping centre, and Forbury Gardens, while also enjoying views over Reading Market Place.
Built in 2015, the apartment provides spacious and well-planned accommodation throughout.
Upon entering, there is a welcoming entrance hall with ample storage, leading through to an impressive open plan living/dining/kitchen area.
This space benefits from six large windows, allowing for excellent natural light and creating a bright and comfortable living environment.
The property comprises three double bedrooms, including a principal bedroom with en suite, alongside a modern family bathroom.
The overall condition of the apartment is excellent, making it ready for immediate occupation.
Further benefits include well-maintained communal areas with lift access to all floors, secure allocated parking, UPVC double glazing, and a long lease.
This property would suit both owner-occupiers and investors looking for a centrally located home with strong rental appeal. Viewings are highly recommended. Council tax band E. EPC rating C.
125 years lease issued in 2015; 114 years remaining Ground rent charge £300 pa Service charge £3488 PA Kitchen/Living Room - 9.40m x 7.06m (30'10 x 23'2 ) - Bedroom 1 - 5.05m x 4.04m (16'7 x 13'3 ) - Bedroom 2 - 5.05m x 2.79m (16'7 x 9'2) - Bedroom 3 - 5.05m x 2.79m (16'7 x 9'2) -
Value & comps
No previous sales on record.
Returns
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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 The Forbury, Reading
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