2-bedroom flat · RG1 7HW
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Masons are proud to offer to the market, with a recently extended lease and NO ONWARD CHAIN, this well presented two bedroom duplex apartment situated within walking distance of Reading Town Centre along with Reading mainline station.
Located in a period building dating back to approx.
1847 and boasting period features throughout including high ceilings and sash windows, the spacious accommodation comprises of a 14ft living room, an 11ft modern kitchen, a 15ft master bedroom, a 12ft second bedroom and a modern shower room.
Further benefits include a peppercorn ground rent, secure barrier controlled parking which is allocated for residents only, gas central heating and a plethora of local amenities close by.
VIEWING RECOMMENDED. Front door opens into the entrance hall which boasts stairs to the lower ground floor and doors to...
Living Room: 14`3" x 12` Sash window with a front aspect, period style radiator and chimney breast.
Kitchen: 10`8" x 11`6" Sash window with a rear aspect, fitted with a range of eye and base level modern units with roll edge tops and splash back, a range of integral appliances including gas hob with extractor above, electric oven, fridge/freezer, dishwasher, washer/dryer along with a sink with drainer.
Stairs from the ground floor lead to the lower ground floor which boasts a storage cupboard and doors to... Master Bedroom: 15`11" x 10`8" Sash window with a front aspect and a built in wardrobe.
Shower Room: Fitted with a three piece suite including a corner shower, low level WC and hand wash basin. Bedroom 2: 12`10" x 10` Sash window with a rear aspect and built in wardrobe.
Outside: The property boasts barrier controlled allocated residents parking and is just a short walk to Reading Town Centre.
Notice Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are not warranted and intending purchasers/lessees should satisfy themselves as to the correctness of the information given.Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
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