2-bedroom flat · RG4 8BF
For saleReduced £10k (−3.6%) on 26 SepListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented modern ground floor apartment, situated on a sought after development with far reaching views over playing fields with the River Thames beyond.
Elliotts Way is convenient for both Caversham and Reading town centres, and is short walk to Reading mainline train station.
The property offers light, well planned accommodation and benefits from entrance hall, sitting/dining room with door leading to a patio area, fitted kitchen, bathroom and two double bedrooms.
Externally the property benefits from allocated parking, visitors parking and landscaped communal garden. Viewing recommended. EPC rating C. Council tax band C, no onward chain.
Lease remaining 97 Years. Ground rent is a peppercorn.
Service charge £1,399.00 Entrance Hall Sitting/Dining Room (15'9 x 15'2 (max)) Kitchen (7'1 x 10'9) Bedroom 1 (9'10 x 12'1) Bedroom 2 (7'2 x 11'3) Shower Room
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 82 Mapledurham House, Elliotts Way, Reading
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