2-bedroom flat · RG1 8AB
For saleListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented modern first floor apartment, with two bedrooms and two bathrooms.
Located just a stones throw to Tesco Extra and short walk to Reading station (Paddington – 25 minutes) as well as Reading town centre.
This property is ideal for first time buyers and investment buyers alike.
The property offers light and spacious accommodation comprising; spacious hallways with two large storage cupboards, two double size bedrooms, two bathrooms, and a large kitchen/lounge/diner leading onto a balcony.
The property also benefits from a gated car park with an allocated parking space. Set away from the road facing directly on to Kings Meadow.
The property has undergone several updates in the last few years by the current owner, including new flooring throughout, updated bathrooms and a new boiler in 2024 (last serviced Jan 2026).
VIEWING RECOMMENDED.
At the time of Instruction, we have been advised by the vendors of the following information: Council Tax Band C (Reading Borough Council) -Ground Rent - £250 PA (Deed of variation in place to prevent increases to ground rent) Service charge - £2,258 PA - Lease - 155 years from 1 January 2004 The above information may be subject to change during the transaction period.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Luscinia View, Napier Road, Reading, Berkshire, RG1
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