1-bedroom flat · RG21 8UQ
Listing removedListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated on the edge of the town centre this modern one bedroom first floor apartment is within easy walking distance of Festival Place and the railway station.
Set in just a small block of only sixteen properties, it offers contemporary accommodation with the privacy not found in some of the larger town centre developments.
There is also one allocated parking and secure bicycle storage. The property is leasehold with a 125 year term starting on the 24th June 2015.
The vendors state that the ground rent is £195 pa and the service charge and management fee is £1863.80 pa – these figures would need to be verified by the purchasers Solicitors.
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
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FAQ
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