1-bedroom flat · RG2 6BL
For saleReduced £2k (−0.8%) on 3 JulListed 830 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• Great price for quick sales at prime location • 7 acre (2.8 hectare) site, located 3 miles south of Reading, 42 miles west of Central London and 27 miles west of London Heathrow Airport • High quality and stylish apartment • Excellent road links to Reading town Centre, London and major motorways • Reading Green Park train station provides 6 minute services to Reading Town Centre and Crossrail • Reading to London Paddington in under 25 minutes • Landscaped gardens offering quiet and secluded spaces for residents to enjoy • Tesco Express now open • Luxury vinyl timber effect flooring to hallway and high quality carpets throughout Welcome to Fairhaven Drive, Reading - a charming location for this delightful apartment!
This property, built in 2022, offers a modern touch to traditional living. With 495 sq ft of space, this apartment provides a cozy yet comfortable environment for you to call home.
Situated in a sought-after area, this apartment is perfect for those looking to settle down in a peaceful neighborhood.
The development set in seven acres beside a beautiful lake and surrounded by parkland and countryside.
The on-site Reading Green Park Train station provides rapid access into Reading town centre, offering residents the best of both worlds - an idyllic waterside location conveniently situated within minutes of the town's vibrant hub and all that it has to offer.
Reading is on of the UK's economic success stories.
Home to major corporations such as Microsoft, Oracle and PepsiCo - and with the arrival of Crossrail providing yet quicker links into Central London and major UK cities, making it the ideal place to invest or live in.
Don't miss out on the chance to make this lovely flat your new home!
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
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FAQ
About Flat 5, 16, Fairhaven Drive, Reading
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