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See how verdicts workStudio flat · RG6 1JL
Sold STCReduced £35k (−23.3%) on 25 MayListed 357 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor studio apartment with allocated parking space ideally located on Wokingham road near Palmer Park close to local shops and bus routes.
It has a refitted modern kitchen, new flooring throughout, good sized living/bedroom area, storage cupboard, shower room and access via both front and rear doors.
Situated to the rear of the building it offers peace and privacy and provides an outlook over the communal gardens. The property also offers allocated parking.
Ideal for investors, first time buyers or downsizers - contact us for a viewing!
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 Wokingham Road, Reading, Berkshire, RG6
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