Studio flat · RG2 0EH
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Studio flat for a single occupant located on the second (top) floor with a Double Bed, Wardrobe, own Shower Room, Kitchenette, gas central heating and double glazed windows.
The Laundrette is a 1 minute walk away, the University of Reading & local shops including Tesco are nearby and it just a 15/20 minutes walk to the Town centre, Rent includes: Water, Gas and and high speed broadband.
Available 23rd December as furnished nb - Rent does not include electric or Council Tax - Band A () nb - An additional £25pcm is payable to the Landlord from September to March, to cover the increased gas usage nb - No parking is available and there is no washing machine within the property Notice All photographs and particulars are provided for guidance only.
Redress scheme provided by: Deposit Protection Service Ltd (1203396) Client Money Protection provided by: Cmp (CMP004567)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
About Essex Street, Reading
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