2-bedroom flat · RG10 9GA
For saleReduced £20k (−7.7%) on 16 SepListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain Set within a highly regarded retirement development for the over 55s, this beautifully presented ground floor apartment offers the perfect combination of independent living, security and convenience, all in a picturesque riverside setting.
The accommodation comprises a welcoming entrance hall, a bright and spacious living/dining room with direct access onto a private patio overlooking the stunning riverside and beautifully maintained communal grounds, creating the perfect space to relax and enjoy the peaceful surroundings.
The property also benefits from a well-appointed kitchen, a modern shower room and two generous bedrooms.
Being positioned on the ground floor, the apartment enjoys easy, step-free access throughout and direct access to the private patio, making it an ideal choice for those seeking convenience without compromising on lifestyle.
Residents benefit from a 24-hour emergency call system, providing reassurance and support whenever required, together with an on-site manager available during the week.
The development offers a fantastic range of communal facilities including a residents' lounge with kitchen, beautifully maintained communal gardens, a laundry room, guest suite for visiting family and friends, and a hairdressing salon available by appointment.
There is ample gated parking for residents, together with additional parking for visitors.
Ideally situated within walking distance of Twyford village centre, the property enjoys easy access to an excellent selection of independent shops, cafés, restaurants and pubs, along with Waitrose, Tesco Express and Costa.
Twyford's mainline railway station provides direct services to Reading, London Paddington and the Elizabeth Line, while local bus services are conveniently located nearby.
Value & comps
No previous sales on record.
Returns
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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 Flat 7, Old Silk Mill,, Silk Lane, Reading
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