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 work2-bedroom bungalow · RG30 2SZ
Listing removedReduced £10k (−5%) on 21 JunListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sansome & George Reading - A unique ground floor maisonette/bungalow located yards from all amenities offering well presented and flexible accommodation suited to first time buyers, as an ideal investment, to downsize of could easily be adapted to suit specific mobility requirements.
This unique entirely self contained Maisonette is ideally located being within yards of a wealth of amenities.
Kensington Park, Tesco Extra and Battle Library plus a range of shops, gyms, cafes, pubs and restaurants are all within minutes level walk.
Frequent bus services operate 30 meters away and Reading West Train station is under 10 minute walk. Reading town centre is under 2 miles to the east.
Accessed directly from the road, the front door opens to a spacious living space with fitted modern kitchen and doors to rear aspect shower room and 2 separate double bedrooms.
The property is completed by UPVC double glazing throughout, elecric heating and access to loft storage space.
This individual home is an ideal for first time buyers, an attractive buy-to-let opportunity, or as a practical down-size purchase.
Likewise, being on one level, could easily be adapted to suit any mobility requirements.
Please contact Sansome & George Estate Agents for more information or to arrange a viewing appointment at your earliest convenience.
Leasehold Information:- Lease Term:- 106 years remaining Ground Rent:- £100 per annum Service/Maintenance Charges:- £289 per annum for buildings insurance Reading Borough Council - Band C
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
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FAQ
About 1C, Kensington Road, Reading
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