2-bedroom flat · RG2 6DL
Listing removedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern 4th floor two bedroom apartment situated in the popular Bankside Gardens development in Green Park.
The property has a stylish and bright open plan living space with ample room for dining, dual aspect balcony, master bedroom with en suite bathroom and further family bathroom.
The property also benefits from one allocated undercroft parking space. Unfurnished. EPC rating: B. Council Tax Band: D.
Holding deposit payable: £450 Deposit Payable: £2250 ***Heating and Hot Water Bill is on a District Heating network () Tenants to pay both standing & usage charge to with Energy.
Tenant's detail will be provided to the company (with Energy) for Direct Debit payments *** Please note, all properties are taken as seen and no alterations, additions or cleaning will be undertaken by the landlord unless specifically agreed at the time of offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 405, 57, Flagstaff Road, Reading
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