1-bedroom flat · RG2 0GX
For saleReduced £10k (−6.3%) on 15 AugListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented apartment set within the sought-after Kennet Island development, offering modern interiors and a smart open-plan layout, ideal for first-time buyers or buy-to-let investors.
The property features a bright and spacious open-plan kitchen/living room, flooded with natural light.
The contemporary kitchen is fitted with a range of modern units, ample worktop space and integrated appliances, creating a practical and sociable living area.
The double bedroom is well proportioned and neutrally decorated, providing comfortable space for bedroom furniture.
The modern bathroom is finished with stylish tiling and includes a white three-piece suite with a bath and overhead shower.
Further benefits include useful storage cupboards, double glazing, and an impressive EPC rating of B, helping to keep running costs low.
Kennet Island is conveniently located south of Reading town centre, offering easy access to local shops, green spaces, public transport links, and Reading mainline station, with excellent connections to London and beyond.
An ideal low-maintenance home or investment. Offered for sale with no onward chain, an early viewing is highly recommended.
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 43, Merrick House,, Whale Avenue, Berkshire
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