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See how verdicts work2-bedroom flat · RG2 9AB
Listing removedListed 430 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two-bedroom maisonette is situated in a quiet cul-de-sac.
The property has a spacious entrance hall leading to the modern family bathroom to the right and two large storage cupboards to the left.
There are two very good size double bedrooms, with lots of natural light. Bedroom two is also used as a home office.
The kitchen sits to the front of the property and has an integrated oven and hob, free standing fridge freezer and washing machine.
The spacious lounge, diner is beautifully decorated, light and airy and a great area for relaxing watching tv or entertaining guests.
The property has a communal garden area and surrounded by greenery, making it a tranquil setting. The property has an allocated parking space and visitor's spaces are available.
There are excellent transport links, with regular buses taking you into Wokingham or Reading and the property also sits within easy access to the M4 motorway which gives access to London or the West Country.
There are a plethora of local amenities within Shinfield village, such as shops, pubs, Doctors surgery, barbers, garden centre, tennis club, cafes, eateries and schools with Good Ofsted ratings.
Reading town centre has the Oracle shopping centre and Reading mainline train station with direct trains to London Paddington and the Elizabeth Line giving access to Central London.
The service/maintanace charge and ground rent £147.85 per month.
The lease length is 76 years but this will be renewed by the seller by another 90 Years before exchange of contract making the lease 166 years.
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
About Songbird Close, Shinfield, Reading, RG2
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