2-bedroom flat · RG30 2UF
For saleReduced £20k (−10%) on 11 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the first floor, this well-presented two-bedroom apartment offers comfortable and convenient living in a sought-after Reading location.
The property is in good condition throughout and features two well-proportioned bedrooms, a bright and spacious living area, a modern bathroom, and a practical kitchen, making it an ideal home for first-time buyers, professionals, or investors.
Residents also benefit from off street permit parking available upon application and access to communal facilities, including a utility room and a shared garden, providing additional convenience.
Ideally located within walking distance of both Reading West and Reading Main railway stations, the apartment offers excellent transport links, with easy access to local shops, amenities, restaurants, and Reading town centre.
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 4, 116, Connaught Road, Reading
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