2-bedroom flat · RG30 2RX
To rentReduced £50 (−3.3%) on 8 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**AVAILABLE NOW ** UNFURNISHED** Parkers are pleased to offer this well-presented two-bedroom apartment located on Lundy Lane in Reading.
The property offers a spacious open-plan kitchen and living area, providing a great social space with plenty of natural light.
There are two well-proportioned bedrooms, along with two bathrooms, offering added convenience for couples, sharers or a small family.
The apartment is approximately 563 sq ft (52.4 sq m) and benefits from a practical hallway with good storage/space for everyday living.
Situated in West Reading, Lundy Lane provides convenient access to local shops, amenities, transport links and Reading town centre.
The property offers light and spacious accommodation comprising: entrance hallway, kitchen/lounge/diner, two bedrooms, and two bathrooms. The property also benefits from residents parking.
Viewing is recommended.
At the time of Instruction, we have been advised by the vendors of the following information: Council Tax Band C (Reading Borough Council) Ground rent £0 p/a Service charge £800 p/a 975 years remaining on the lease The above information may be subject to change during the transaction period.
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.
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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 Lundy Lane, Reading, Berkshire, RG30
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