2-bedroom flat · RG1 5LA
Sold STCListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented top floor two-bedroom apartment located in Dean House on Erleigh Road, offering a convenient location close to key amenities.
The property features two spacious double bedrooms, including a main bedroom with an ensuite shower room, as well as a separate family bathroom.
The apartment benefits from a bright open-plan living space with a modern kitchen fitted with built-in appliances, creating a practical and sociable area for everyday living.
Further advantages include allocated parking and a well-designed layout throughout.
Ideally situated within easy reach of Royal Berkshire Hospital, the University of Reading, and offering excellent access to Reading town centre, the property is well suited for professionals, hospital staff, or university employees seeking a convenient and comfortable home.
Additional Information: - Parking There is an allocated parking space with the property Lease information.
Years remaining:102 Service charge: £1,658.49 Ground rent: £390.68 Ground rent review period: Every 12 years, in line with RPI, next review 2038 Property construction – Standard form Services: Water – mains Drainage – mains Electricity - mains Heating - Electric Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) Mobile phone coverage For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
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 Erleigh Road, Reading, RG1
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