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See how verdicts work2-bedroom flat · RG2 9FT
For saleReduced £5k (−2.3%) on 6 OctListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property comes to market in the very popular area of Shinfield Park. This property comes to market in the very popular area of Shinfield Park.
The top floor apartment has a large entrance hall, which gives access two double bedrooms both of them with built in Wardrobes, both are very light and airy, a modern family bathroom, two large storage cupboards and open plan lounge/kitchen, dining area, which is again very light and airy.
The property is in superb condition throughout and a physical viewing is a must.
The property sits a short walk to the Shinfield Road from where you can get regular busses into Reading or Wokingham town Centres.
Reading is approximately 4 miles away with its large town centre full of shops restaurants, bars an cafes, roughly a 20 minute bus journey.
Locally in there are supermarkets doctors, Schools pubs and cafes restaurants all within a short walk.
Junction 10 & 11 of the M4 are short drive away giving relatively easy access into London or the West country.
There are currently 81 years left on the lease, however the seller is in the process of extending the lease to 180 years and this will be completed before the new owner completes on the property.
Service/maintenance charge £145.20
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 56, Perigee, Reading
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