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 work2-bedroom flat · RG31 7BY
Listing removedReduced £15k (−4.3%) on 24 AugListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vp - Nestled in the desirable location of Old Grange Close, Calcot, Reading, this modern two-bedroom duplex maisonette, built in 2021, presents an excellent opportunity for both first-time buyers and investors alike.
Offered to the market with no onward chain, this property is ready for you to move in and make it your own.
Upon entering, you are greeted by a welcoming entrance hallway that leads to a well-appointed bathroom and a versatile second bedroom, which could also serve as an ideal office space for those working from home.
The heart of the home is undoubtedly the open-plan kitchen, dining, and living area, designed to create a warm and inviting atmosphere, perfect for entertaining or relaxing with family.
This space also provides direct access to an enclosed rear garden, offering a private outdoor retreat.
Ascending to the first floor, you will find a spacious double bedroom complete with an en suite, ensuring comfort and privacy.
The property benefits from an allocated parking space, along with additional visitor parking, making it convenient for both residents and guests.
Council tax band - Lease - 246 years remaining Service charge - £504 p/q
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 1 New Barn, Old Grange Close, Reading
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