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See how verdicts work1-bedroom flat · RG4 8EQ
For saleListed 167 days
Opportunity summary
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About
A beautifully presented one bedroom, second floor apartment situated close to the lift.
Crayshaw Court, a McCarthy Stone retirement living development, is nestled in Caversham and boasts landscaped gardens as well as a Homeowner's lounge where social events take place.
Crayshaw Court is Very convenient for all local amenities and lovely riverside walks. Summary Crayshaw Court was purpose built by McCarthy & Stone for retirement living.
The development consists of 54 one and two-bedroom retirement apartments for the over 60s.
There is a House Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
It is situated in central Caversham, close to shops including Waitrose, Iceland, hair salons, cafes, small restaurants and local amenities including pharmacies, care providers and a major nhs gp practice with health centre.
Caversham occupies the North bank of the River Thames. The riverside promenade is a short walk away and leads to a footbridge to the train station and Reading town centre.
There are frequent trains to London Paddington, Waterloo, Oxford, Gatwick and gwr, Cross Country and Crossrail services.
There are bus stops nearby for good bus services throughout the local area and to Henley, Oxford and beyond.
It is a condition of purchase that all residents must meet the age requirements of 60 years.
Entrance Hall Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency system and controlled access entry phone unit is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard. Illuminated light switches, smoke detector, doors lead to the bedroom, living room and shower room.
Living Room A bright and spacious living room with double glazed windows allowing ample natural daylight to flood the room. TV and telephone points, Sky/Sky+ connection point. Two ceiling lights.
Fitted carpets, raised electric power sockets. Partially glazed door leads onto a separate kitchen. Kitchen Fully fitted kitchen with tiled floor, double glazed window.
Stainless steel sink with lever tap. Built-in oven, ceramic hob and extractor hood. Fitted integrated fridge/freezer and under pelmet lighting.
Bedroom Double bedroom with fitted wardrobes including mirrored sliding doors and plenty of hanging and storage space. TV point.
Shower Room Fully tiled, fitted with suite comprising of walk in shower, low level WC, vanity unit with sink and mirror above, grab rails, and emergency cord.
Service Charge • Cleaning of communal windows • Water rates for communal areas and apartments • Underfloor heating in the apartment • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance Annual Service charge: £3,300.06 for financial year ending 31/03/27.
The service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about service charges please contact your Property Consultant or House Manager.
Lease Infomation Lease: 125 Years from 1st June 2012 Ground rent: £425 per annum Ground rent review: 1st June 2027 Additional Information & Services ** Entitlements Service** Check out benefits you may be entitled to.
** Part Exchange ** We offer Part-Exchange service to help you move without the hassle of having to sell your own home.
** Removal Service** Get a quote from our Partner Removal Service who can declutter and move you in to your new home.
** Solicitors** Get a quote from our panel solicitors who have dealt with a number of sales and purchases and therefore familiar with the McCarthy Stone set up.
For more information check our web page for additional services or speak with our property consultant • Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 52 Crayshaw Court, Abbotsmead Place, Reading
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