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See how verdicts work1-bedroom flat · RG1 7JW
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy top floor apartment with elevated views with a southerly aspect.
Situated in the popular Chatham Place development just a short walk of the vibrant town centre and the mainline station.
A sizable apartment with an allocated parking space finished to a high standard in a contemporary style.
The open-plan living room opens up to private balcony with far reaching views over the rooftops.
Additional Information - Financial & Lease Informa Years remaining 235 years Service charge: £1377.36 every 6 months Ground rent: £350 per annum Ground rent review period: Every 25 years, in line with the average earnings index, next review is 1st January 2035 Additional Information (Part B) Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - Gas central heating Broadband connection available (information obtained from Ofcom): Ultrafast – Fibre to the premises (FTTP) For an indication of specific speeds and supply of broadband and mobile, we recommend buyers go to the Ofcom web-site “Broadband and mobile coverage checker” Parking The property has an allocated parking space in the gated undercroft parking area.
Communal Gardens The communal gardens are enclosed and are paved with raised planters and a number of benches for use by the residents.
Rental Yield We believe the current rental value for a furnished let would be £1300 per calendar month which based on the asking price represents a possible gross rental yield of 6.5%
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Halcyon, Reading
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