2-bedroom flat · RG31 7QD
For saleReduced £10k (−6.3%) on 10 JulListed 148 days
Opportunity summary
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About
Sansome & George Tilehurst - A well presented 2 bedroom first floor retirement Apartment for the over 60's. No onward chain.
A beautifully presented and spacious two-bedroom first floor retirement Apartment, set within the highly desirable Calcot Priory development for the over 60s and offered to the market with no onward chain.
This light and airy apartment features a secure communal entrance with lift and staircase access to first floor communal landing, private hallway with useful storage cupboards, a generous living/dining room, fitted kitchen, two well-proportioned bedrooms with fitted wardrobes, and a recently refitted shower room.
Constructed in 2006 by Pegasus, Calcot Priory is a well-regarded development comprising 64 Apartments, surrounded by attractive landscaped gardens and exceptionally maintained communal areas and enclosed by a low level gated entrance.
Residents enjoy access to a wide range of on site facilities including a residents lounge, fitness room, laundry room, library, guest suite, landscaped gardens with outdoor seating, and a gated residents car park.
The development also benefits from an on-site House Manager and a 24-hour emergency alarm service for added peace of mind.
Ideally positioned just off the Bath Road to the west of Reading, the property is within easy level walking distance of local amenities including Sainsbury’s and Boots, while regular bus services provide convenient access to Reading town centre.
Offered for sale with no onward chain complications. To arrange a viewing or for further information, please contact Sansome & George Tilehurst at your earliest convenience.
Council Tax - West Berkshire Council, Band E Lease Length -125 years from 1 July 2005 Service Charge -£1,907.43 half yearly in advance (total £3,814.86 annually).
Apr- Sept Ground Rent - £244.50 half yearly in advance (total £489.00 annually) Apr-Sept
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
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FAQ
About Flat 33, Calcot Priory, Bath Road, Reading
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