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 flat · RG2 7BH
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly well-positioned two bedroom apartment, offered to the market in excellent condition throughout and benefiting from a highly desirable position within this popular over 55s development.
One of the property's key features is its excellent outlook, with the lounge and principal bedroom enjoying attractive south-facing views across the beautifully maintained communal gardens, while the kitchen and second bedroom overlook the attractive internal courtyard.
The apartment has also recently benefited from new oak-effect laminate flooring, creating a fresh and contemporary feel throughout.
The accommodation comprises an entrance hall with two useful storage cupboards, a spacious lounge, fitted kitchen, two good-sized bedrooms and a shower room.
The bright and welcoming lounge features an attractive fireplace with electric fire, double radiator, TV and power points, central heating thermostat and a door leading directly onto the patio area, with lovely south-facing views over the communal gardens.
The well-equipped kitchen offers an excellent range of wall and base level units with work surfaces over, inset stainless steel sink, electric hob with extractor canopy, built-in double oven, space for additional appliances, tiled surrounds and a window overlooking the courtyard gardens.
Both bedrooms are well proportioned, with the second bedroom benefiting from a built-in wardrobe. The principal bedroom enjoys the same attractive south-facing outlook over the communal gardens.
The shower room is fully tiled and fitted with a thermostatic shower, vanity unit, low-level WC, heated towel rail, shaver point and extractor fan.
Outside, residents can enjoy the well-maintained communal gardens, incorporating a central courtyard, seating areas, neatly stocked shrub borders and lawned areas.
The development benefits from a manager on site daily, providing additional reassurance and support for residents.
The location is particularly convenient, with the property situated on a main bus route providing easy access into Reading town centre, where you will find the Oracle shopping centre and Reading mainline railway station.
The Royal Berkshire Hospital and University of Reading are also within walking distance, while a doctors' surgery, dentist, local shops and a selection of restaurants are all close by.
Junction 11 of the M4 motorway is within easy driving distance, providing excellent access towards London and the West Country. The property has approximately 89 years remaining on the lease.
The monthly service/maintenance charge is £400, which includes water, Careline, warden services, window cleaning and buildings insurance. There are no exit fees payable.
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
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
.png)
FAQ
About Flat 10, Marlborough House,, Northcourt Avenue, Berkshire
Explore nearby