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See how verdicts workStudio flat · RG2 0GN
For saleReduced £5k (−2.9%) on 21 JunListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***360 degree tour available*** Martin & Co Reading are pleased to present this modern second-floor studio flat in the sought-after Heron House building of the Kennet Island development.
Offering contemporary, low-maintenance living, the property boasts excellent access to Reading Town Centre, Green Park, and the M4, with a regular bus service every 30 minutes.
The flat features an open-plan lounge and kitchen, a connected bedroom area, and a spacious shower room.
Key benefits include lift access, a gated undercroft allocated parking space, low service charges, and a long lease - making it ideal for both homeowners and investors.
With a potential rental income of £1,050pcm, the flat offers a strong gross yield of approx. 7.2% based on the current asking price.
A fantastic opportunity for first-time buyers or buy-to-let investors seeking convenience and excellent value in a vibrant, well-connected community.
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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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
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FAQ
About 233, Heron House, Reading
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