1-bedroom flat · RG2 0AJ
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN COMPLICATIONS Presented in impeccable condition throughout, this top floor apartment is set in the heart of the ever popular Kennet Island and has 985 years remaining on the lease.
Ideal for first time buyers and investors alike, the well planned accommodation comprises an entrance hall with storage, a large dual aspect, open plan living room/kitchen with integrated appliances, a modern three piece bathroom suite and a very well-proportioned bedroom.
The accommodation has floor to ceiling windows which bring in an abundance of natural lighting and built-in wardrobes.
Externally, there are well maintained communal grounds, allocated parking and the property is accessed via secure telecom entry system into the well-kept common areas.
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
FAQ
About Longships Way, Reading, Berkshire, RG2
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