1-bedroom flat · RG7 1GZ
Listing removedListed 479 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
35% Shared Ownership Full Staircasing Available Top Floor, One-Bedroom Apartment in the Heart of Three Mile Cross.
Ideally situated in Three Mile Cross, this well-presented top-floor one-bedroom apartment offers easy access to Reading town centre, the M4 motorway, and a variety of local amenities.
The property benefits from allocated parking and a lease of over 100 years remaining, making it an excellent opportunity for first-time buyers or investors alike.
Monthly Rental for Share £288.63 Per Month 0.5 miles from M4 junction 11 3.5 miles to Reading Town Centre 100m from local shops/amenities These particulars are a general guide only.
They do not form part of any contract. Services, systems and appliances have not been tested. Potential buyers are advised that any fees shown may be subject to change during the transaction process.
In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 Mitford Close, Three Mile Cross, Reading, Berkshire, RG7
Explore nearby
