1-bedroom property · RG4 8EQ
For saleListed 280 days
Opportunity summary
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About
A one bedroom second floor retirement apartment conveniently positioned in a well renowned complex in the very centre of Caversham, just steps from Waitrose shops and amenities, Caversham Bridge and the River Thames.
The complex is well regarded for over 55's with residents lounge, mobility store room and laundry room.
No chain SITUATION Crayshaw Court is a superior retirement development complex constructed 12 years ago and conveniently located in the centre of Caversham within 300 yards of the River Thames and Caversham Bridge, just steps away from local shops and amenities.
The development benefits from a residents lift, mobile scooter store with charging points, guest suite for visiting family and friends, laundry room, House Manager during office hours and 24 hour emergency call system together with communal lounge for social activities.
These combine to provide a comprehensive and secure retirement lifestyle for the peace of mind of all COMMUNAL ENTRANCE HALL With security entrance system, stairs or lift to second floor, personal front door to RECEPTION HALL Providing access to all rooms, assistance cord and large walk in storage/airing cupboard with hot water tank, shelving, meters and large storage space LIVING/DINING ROOM With rear aspect double glazed window with Juliette balcony, naturally segregated for living and dining areas, door to FITTED KITCHEN With single drainer stainless steel sink unit with mixer tap and cupboards under, further range of both floor standing and wall mounted eye level units with laminated work surfaces, tiled surrounds, inset four ring electric hob with extractor hood above and oven below.
Space for fridge/freezer, concealed lighting, rear aspect double glazed window, tiled floor DOUBLE BEDROOM With rear aspect double glazed window and built in double wardrobe with mirror fronted sliding doors BATHROOM (SHOWER WETROOM) Fully tiled with glass shower deflector, wash hand basin with cupboard space below, W.C., heated towel rail PLEASE NOTE The apartment comes complete with underfloor heating throughout COMMUNAL GROUNDS Well maintained communal grounds tended under the maintenance agreement RESIDENTS PARKING Parking is subject to availability and cost, visitor parking spaces OVERNIGHT GUEST SUITE There is a double bedroom with en suite available, subject to prior booking, for families of residents wishing to stay overnight at a nominal cost RESIDENTS LOUNGE Very spacious with various weekly and daily events and an array of regular activities LAUNDRY ROOM AND MOBILE SCOOTER STORE TENURE Leasehold COUNCIL TAX Band D FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access over 2,500 mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on . LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
Value & comps
No previous sales on record.
Returns
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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 Crayshaw Court, Abbotsmead Place, Caversham, Reading
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