1-bedroom flat · RG1 6QX
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £130,000 - £150,000 | Please Quote RK1369 For All Enquiries A well-presented one-bedroom apartment offering comfortable and practical living accommodation in a convenient Reading location.
The property opens into a bright and welcoming reception room, providing a versatile space for both relaxing and dining.
The adjoining kitchen is well laid out for everyday living, while the apartment also benefits from a well-proportioned bedroom and modern bathroom.
Residents have access to a communal garden, providing a pleasant outdoor space, while parking is available on-street.
Located in the RG1 area of Reading, the property is well placed for local amenities, transport links and access to the town centre.
Reading West railway station is approximately 0.6 miles away, providing convenient rail connections, while Reading town centre and the main Reading railway station are also within easy reach.
The apartment offers approximately 470 sq ft of accommodation and is held on a lease with approximately 90 years remaining.
The current service charge is approximately £2,220 per annum, with a ground rent of £90 per annum.
This property would make an ideal first-time purchase or investment opportunity, offering manageable accommodation in a well-connected location.
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
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FAQ
About Thetford House,Flat 8, Rembrandt Way, Reading
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