1-bedroom flat · RG1 4NH
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom lower ground floor flat, conveniently located close to Reading town centre, the Royal Berkshire Hospital and the University of Reading.
The property offers a spacious open-plan living/kitchen area, a good-sized bedroom and a modern bathroom.
With potential permit parking available nearby, this would make an excellent opportunity for a first-time buyer, downsizer or investor as there is also no onward chain.
Offered with a 125-year lease from 1 January 2007. Service charge of £1,847 and ground rent of £250 per annum.
In compliance with UK Anti-Money Laundering legislation, we are required to carry out identity and aml checks on all buyers.
A non-refundable fee of £25 per buyer applies which is payable on offer acceptance.
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 Flat 2, 190, Kings Rd, Reading
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