2-bedroom flat · RG31 5DB
For saleReduced £25k (−10%) on 26 SepListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom retirement home, available for sale and exclusively for over 55’s, is located in the village location of Tilehurst.
The property is presented in good condition and offers convenient living with access to established public transport links and a range of local amenities.
The home features a spacious reception room with large windows and doors leading to a private patio balcony, providing a comfortable setting for relaxing or socialising.
The kitchen benefits from natural light and is equipped with a built-in oven and hob, providing a functional cooking space. There are two double bedrooms within the property.
The master bedroom has built-in wardrobes offering ample storage space and includes an en-suite with a bath, while the second double bedroom provides flexibility for guests or hobbies.
Additional features of the property include a garage as well as parking, enhancing convenience for residents and visitors alike.
Situated in Reading, the development offers easy access to Tilehurst railway station, which provides direct services to London Paddington in approximately 40 minutes, as well as connections to Oxford, Newbury, and central Reading.
Local bus routes run frequently to Reading town centre, giving access to The Oracle shopping centre, cafés, and Riverside restaurants.
Prospect Park, located nearby, offers expansive green spaces for leisure and relaxation.
The area also benefits from a range of local shops and cafés along the Tilehurst High Street, and several medical practices are within close proximity.
This property presents an appealing option for those seeking comfortable, well-located retirement living with good access to community facilities and transport links.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 46 York Lodge,, Pegasus Court, Tilehurst
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