2-bedroom flat · RG8 7HZ
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARKERS - Centrally positioned within the village of Pangbourne is this two bedroom, two bathroom, ground floor apartment finished to an exacting standard with doors leading directly onto gardens.
Favourably positioned within the village of Pangbourne the property is quite literally a stone's throw, and level walk, from everything the village has to offer; its vibrant centre with its shops, restaurants, and pubs, its doctors surgery and dentists whilst it is 0.5 Miles from the villages mainline station serving London Paddington.
There are miles of public footpaths and Thames side walks on the property's doorstep, whilst Junction 12 of M4 is 12 Miles away and Pangbourne Primary School just 0.3 Miles away.
Built in the 2014 the property has been in its current ownership for the last eight years and has been the subject of much love during this time.
Sitting back from the Reading road the property forms one of a handful of apartments located within a building that is aesthetically pleasing.
The apartment occupies a ground floor position and is light and airy thanks to sensibly positioned windows.
Access to the apartment is versatile with access being either through the communal apartment entrance or via the properties front aspect French doors.
Internal accommodation is comprised of a good sized entrance hall, perfect for storing coats and shoes.
The property's living room is accessed from here and is spacious, light and airy thanks to its French doors.
The kitchen is rear aspect and is of a generous size, it is well appointed and has enough space for a dining table, and provides outside access.
The property's bedrooms are both double, the master is front aspect and benefits from en-suite facilities whilst bedroom two is rear aspect and benefits from the use of the family bathroom.
Outside and to the rear the property benefits use of a courtyard garden whilst to the front is the property's designated off road parking.
This property represents a fantastic opportunity to acquire a spacious two bedroom, two bathroom, apartment centrally positioned in this village that has everything.
Council tax band C - West Berkshire Council Services available – Gas heating, Electricity, Mains drainage Leasehold lease started on 125 YEARS FROM 1ST JANUARY 2013 service charges - £1656.68 PA Ground rent £200.00 FOR FIRST 25 YEARS The above information may be subject to change during the transaction period In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks.
Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process.
This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.
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 Reading Road, Pangbourne, Reading, Berkshire, RG8
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