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 · RG30 1ES
For saleListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Southern Housing is delighted to present this lovely two-bedroom apartment located in the heart of Reading.
Perfect for first-time buyers, young professionals, or those looking to downsize, this home offers generous living space, modern features, and a fantastic location.
Upon entering, you're welcomed by a spacious hallway that includes two built-in storage cupboards, ideal for coats, shoes, and everyday essentials.
The heart of the home is the bright and airy open-plan living, dining, and kitchen area. With ample natural light and room for both lounge and dining setups, it's perfect for relaxing or entertaining.
The kitchen is fully equipped with integrated appliances including an oven, hob, extractor fan, and fridge freezer.
There's also space for a washing machine and plenty of worktop and cupboard space for all your culinary needs.
Both bedrooms are generously sized doubles, easily accommodating large beds and additional furniture.
Whether you're furnishing a guest room, home office, or a peaceful retreat, these rooms offer flexibility and comfort.
The family bathroom is well-appointed and features a shower over the bath, ideal for both quick mornings and relaxing evenings.
Throughout the apartment, you'll find plenty of storage, lots of natural light, and a thoughtful layout that maximizes space and comfort.
With the added benefit of an allocated parking space and a location close to local amenities, this property presents an exciting opportunity. Don't miss out - register your interest today!
Key Information: Full Market Value: £190,000 Share: 35%, £66,500 Rent: £427.47 Share: £315.61 Lease Length: 111 Years Council Tax Band: C Local Area Information Basing House is situated within Moulsford Mews in the RG30 1ES postcode, part of the Battle area of Reading.
The area is well-served by transport links, making it ideal for commuters.
Reading West Train Station is just a short walk away, providing regular services to Reading mainline station, London Paddington, and other key destinations.
There are also frequent local bus services connecting the area to the town centre and surrounding neighbourhoods, while the nearby A33 and M4 motorway offer convenient road access for those travelling by car.
Residents of Basing House benefit from a range of local amenities.
Within walking distance, you'll find supermarkets, convenience stores, cafes, and takeaways, as well as schools and healthcare facilities.
The nearby Oxford Road is a bustling high street offering a variety of shops and services.
For leisure and recreation, Prospect Park is just a short distance away, providing open green space, sports facilities, and a children's play area.
With its combination of affordability, accessibility, and community atmosphere, Basing House in RG30 1ES is a great choice for anyone looking to enjoy the best of Reading living.
Key Features: Long Lease of 112 Years Lots to do nearby Allocated Parking Space Excellent transport links
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 Basing House, Moulsford Mews, Reading, Berkshire, Reading
Explore nearby