3-bedroom flat · RG2 0BX
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three-bedroom apartment in a sought-after riverside setting, overlooking parkland and just moments from the River Kennet.
Located within the popular Park View development, this well-maintained home offers spacious and versatile accommodation, comprising three well proportioned double bedrooms, a modern bathroom, contemporary fitted kitchen, and a bright living/dining room with direct access to a patio area, perfect for relaxing or entertaining outdoors.
A standout feature of this property is its exceptional location.
Situated directly alongside attractive parkland and the River Kennet, residents enjoy peaceful green surroundings while remaining conveniently connected to the town centre.
The Oracle shopping and leisure complex is approximately a 12-minute walk away, while Reading Station, with its fast Elizabeth Line and mainline services to London, can be reached in around 20 minutes on foot.
Further benefits include a long lease with approximately 166 years remaining, providing excellent long-term security and appeal for both homeowners and investors.
The property is also well positioned with several highly regarded schools nearby, including Katesgrove Primary School.
In our opinion, this is an excellent opportunity for a first-time buyer, professional couple or investor looking for a modern apartment in a convenient yet pleasantly green setting.
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 31, Park View, Berkshire
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