2-bedroom flat · RG4 8AL
Sold STCReduced £25k (−6.7%) on 21 JunListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walmsley Estate Agency proudly presents this exquisite split-level riverside apartment, boasting a captivating balcony and unparalleled views of the majestic River Thames.
This residence offers an impressive layout, featuring a spacious 20ft living/dining room, a well-appointed 12ft kitchen, and an expansive 19ft balcony for indulging in the scenic surroundings.
The accommodation also encompasses an 11ft master bedroom with a built-in wardrobe, a 13ft second bedroom with its own built-in wardrobe, a separate WC, and a modern shower room, providing both comfort and style.
Adding to the allure of this residence are the conveniences of gas radiator central heating, double-glazing, and secure parking, ensuring a seamless and secure living experience.
Nestled within the gated Riverside Court development, this property offers more than just a home-it provides a lifestyle.
The well-maintained grounds and the potential for moorings (subject to consent) enhance the exclusivity of this address.
Conveniently situated in central Caversham, a brief stroll takes you to Reading town centre and its mainline station, providing easy access to city life.
Caversham itself is rich in amenities, offering a shopping precinct, supermarkets, restaurants, and charming boutique shops, making it a vibrant and sought-after locale.
There are good schools at both primary and secondary level. Viewing advised. *Council tax band D. *EPC rating C. * 970 years remaining on lease.
* Ground rent £30 * Service charge £3868.98 Entrance Hall Kitchen (3.76 x 2.45 (12'4" x 8'0")) Living Room / Dining Room (6.31 x 3.62 (20'8" x 11'10")) Hall W.C.
Bedroom 1 (4.10 x 3.63 (13'5" x 11'10")) Bedroom 2 (4.10 x 2.38 (13'5" x 7'9")) Bathroom Balcony
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 9, Riverside Court, Reading
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