1-bedroom flat · RG5 4UU
Listing removedListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after Woodley Airfield development, this thoughtfully updated ground-floor maisonette has been carefully enhanced to create a contemporary home with a calm and considered aesthetic throughout.
At its heart is an open-plan kitchen and living space, designed for modern living and entertaining.
The kitchen is fitted with modern cabinetry, an induction hob, oven and a breakfast bar, while the living area features an electric fireplace and is finished with durable laminate flooring.
The property has been further improved with gas central heating, double-glazed windows and the convenience of driveway parking directly in front of the home.
The setting is particularly well connected, with local shops, bus routes and everyday amenities close at hand.
Excellent transport links are provided by the nearby A329(M), while the expansive green spaces of Dinton Pastures Country Park and the amenities of Woodley town centre are within easy reach.
The property also benefits from an extended lease, making it an attractive proposition for both owner-occupiers and investors alike. Additional Information: Parking The property has driveway parking.
Lease information.
Years remaining: 115 Service charge: £0 Ground rent: £150 No ground rent review period: Property construction – Standard form Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - gas central heating Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) Mobile phone coverage For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
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
Agent & docs
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FAQ
About 21, Shackleton Way, Reading
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