2-bedroom flat · RG7 5GT
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the stunning Herons Lake development in Theale, this beautifully presented, brand-new two-bedroom first floor apartment offers spacious contemporary accommodation with stunning views across the lake.
Featuring a private balcony, two bathrooms and allocated parking, the property provides an excellent opportunity to enjoy modern lakeside living. The apartment offers over 800 sq. Ft.
Of well-designed accommodation, centred around an impressive open-plan kitchen, living and dining area measuring over 25 feet in length.
The contemporary kitchen is fitted with sleek handleless cabinetry, integrated AEG appliances and stylish stone work surfaces, while the generous living space benefits from French doors opening onto a spacious private balcony with uninterrupted views across the water.
Both bedrooms are well-proportioned and carpeted, with the principal bedroom benefiting from a modern en-suite shower room.
A separate family bathroom features a contemporary white suite with a shower over the bath.
Further benefits include gas central heating controlled by a Hive Smart Thermostat, double glazing, useful hallway storage and allocated parking with EV charging points.
Herons Lake is an attractive development by the renowned Ridgepoint Homes, featuring contemporary homes set around a picturesque lake with landscaped grounds and waterside pathways.
Located in the popular village of Theale, residents benefit from a range of local shops, cafés, restaurants and schools, along with convenient rail connections to Reading and Newbury.
The nearby M4 provides excellent access to London and the wider motorway network, while the surrounding Berkshire countryside offers plenty of opportunities for outdoor recreation.
*External images of the development have been digitally enhanced to represent the completed site.*
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 Herons Lake, Theale
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