2-bedroom flat · RG30 1DT
For saleReduced £10k (−4.4%) on 2 OctListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property comes to market with no onward chain in a very popular location, just to the West of Reading town centre.
Offered to the market is this well maintained apartment boasting two bedrooms, two bathrooms, and an enviable location within a sought-after development.
With two Juliette balconies, this apartment is bathed in natural light, and offers the best view of the development Ideal for commuters Reading West train station is approximately a ten minute walk, while the town centre and mainline station is just a 25-minute walk away approximately.
The accommodation comprises of an entrance hallway, two bedrooms, two bathrooms and an open-plan kitchen/lounge/diner, with a Juliet balcony, providing a versatile space for relaxation and entertaining There is underground parking and access to a large private communal garden.
Service charge £200 per month including ground rent, 111 years left on the lease
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
FAQ
About Flat 3,, Evesham House, Reading
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