We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · RG1 7JS
Listing removedReduced £5k (−3.2%) on 24 JulListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on sought-after Carey Street in Reading, this immaculate one-bedroom apartment is presented in ready-to-move-into condition throughout.
The property offers bright, well-proportioned accommodation and has been maintained to a high standard, making it an ideal purchase for first-time buyers or a fantastic addition to an investment portfolio.
The apartment benefits from a long 115-year lease, no service charge, and a low ground rent of just £400 per annum, ensuring excellent affordability and peace of mind.
Offered to the market with no onward chain and vacant possession, this is a rare opportunity for a smooth and straightforward purchase.
With its fantastic location close to local amenities and transport links, this superb apartment is not to be missed.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, 40, Carey Street, Berkshire
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