We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RG31 6JN
Listing removedReduced £5k (−2.8%) on 15 AugListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Tilehurst - A one bedroom first floor Maisonette with garage located in a popular cul-de-sac. No onward chain.
This one bedroom first floor maisonette is set in a popular cul-de-sac close to open parkland and within easy reach of Tilehurst railway station, offering direct links to central London via Paddington.
Tilehurst village, with its local shops, restaurants, independent businesses and frequent bus services, are also conveniently nearby.
An ideal first time purchase, the property offers excellent potential however, requires full modernisation throughout.
The accommodation includes an entrance hall leading to the first floor landing, a living room, kitchen, double bedroom and bathroom.
Additional features include gas radiator central heating (not tested) and UPVC double glazed windows.
Outside, the home benefits from an enclosed rear garden and an integral garage, which provides the only available parking as there is no conventional driveway.
Offered to the market with no onward chain, this property presents a great opportunity for buyers looking to create a home to their own taste.
For viewings, please contact the Sansome & George Tilehurst office. Council Tax Band B – Reading Borough Council.
Leasehold information:- Lease Term:- 999 years from 1972 hence 945 years remaining (approximately) Ground Rent:- £50 per annum Service/Maintenance Charges:- Nil Annual Buildings Insurance:- circa £400 per annum.
** Purchasers Note - a single administration fee of £400 is payable to management company to process the transaction and register a new owner**
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
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FAQ
About 28, Newbery Close, Reading
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