2-bedroom flat · RG31 5DB
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vp - no onward chain & 360 virtual tour Presented to the market is two bedroom first floor apartment located in the Pegasus Court development for the over 55's off Park Lane, conveniently close to Tilehurst centre, amenities and bus routes.
The property is one of the largest 2 bedroom flats on the development and boasts well proportioned accommodation including entrance hall, 15' x 12' living room, 9' x 7' kitchen with built in oven & hob, 13' x 9' bedroom 1,9' x 7' bedroom 2, shower room and en suite bathroom to master bedroom.
Other benefits include a lift, beautiful communal grounds with seating areas, security entry phone, residents lounge & conservatory, car park, 24 hour 'Care line' call system, on site manager and for sale with no onward chain.
Council tax band - E service charges per quarter £816 Lease remaining 115 Years
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 12, Arundel Lodge, Pegaus Court, Park Lane, Reading
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