1-bedroom house · RG30 1EY
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DRAFT PARTICULARS - Awaiting verification from the seller **ONE BEDROOM RETIREMENT APARTMENT IN READING** Churchill Sales & Lettings are marketing this one bedroom first floor apartment.
The property is in need of some modernisation throughout and provides lovely views over the communal gardens. The Living Room offers plenty of space for living and dining room furniture.
Dual aspect window provides natural light, and an archway leads through to the Kitchen. The Kitchen offers a range of eye and base level units with working surfaces over.
There is space for an oven, hob and fridge/freezer. A window allows for light and ventilation.
The Bedroom is a good-sized double room with a built-in wardrobe and plenty of space for additional furniture if desired. A large window keeps this bedroom bright and airy.
The Bathroom offers a bathtub with overhead shower, a WC and a wash basin. Call us today to book your viewing!
Providing a mix of 30 bungalows and flats this court in situated on the west side of the town. There is a mix of 1 and 2 bedroom homes which include mobility standard properties.
There are resident management staff and a community alarm service. The communal facilities include lounge, laundry and garden.
The local shops are a short walk and also close is a bus service for access to Reading town centre.
Our Court Manager Service is an important and integral part of our approach to supporting our residents.
It is designed to offer support and security to the court and those residents on court who need it.
The service is about promoting and encouraging individuals to maintain their independence in their own home. Gordon Palmer Court accepts new residents over the age of 55.
Service Charge (Year ending 31st Mar 2027) £2,991.66 per annum. There is no Ground Rent at this development.
Council Tax Band B A new 99 year lease will be granted upon purchase This a 70% shared ownership. Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, water and sewerage rates, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
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
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FAQ
About Gordon Palmer Court, Reading, Berkshire
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