1-bedroom flat · RG4 8AX
Listing removedListed 392 days
Opportunity summary
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About
A newly appointed studio flat with its own individual front door, situated in this highly accessible position in central Caversham yet only a 15 minutes walk from Reading station.
The property offers open plan kitchen and living room, bedroom area, bathroom and gas central heating. No onward chain.
SITUATION This property is a short walk from local amenities including the public library, doctors¿ surgery, dental practice, Thameside Primary School and an excellent range of small restaurants, pubs, local shops and Waitrose supermarket.
There are frequent bus services to Reading and beyond. Nearby, Christchurch Meadows and the Thames Towpath provide extensive opportunities for walking, cycling and sporting activities.
There is easy access to Reading mainline station with journey times to London Paddington approx.
25 minutes and has been further complemented with the arrival of Crossrail that offers direct routes to the central areas of the City of London LIVING/DINING/KITCHEN Measuring approx.
19ft in length with laminate flooring and radiator Kitchen area - Granite worktops with inset sink, Bosch electric hob with concealed Bosch extractor hood and Bosch oven, range of cupboards and drawers, integrated dishwasher, integrated fridge freezer Through to; BEDROOM AREA Side aspect, radiator, 10ft deep walk in cupboard/storage with gas boiler and plumbing for washing machine Door to; SHOWER ROOM Brand new suite with quality fittings comprising: walk in double width shower with overhead shower, w.c, fitted wash hand basin with drawer under, chrome towel radiator, large backlit mirror, tiled floor and walls NOTE There is no parking available with this property TENURE Leasehold Original lease - 250 years Lease remaining - 250 years Ground rent - None Service charge - £682.91 per annum APPROXIMATE MONTHLY RENTAL VALUE £1,100 COUNCIL TAX To be confirmed FREE MORTGAGE ADVICE We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of mortgage rates from leading Banks and Building Societies.
For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on LOCATION This image is for indicative purposes and cannot be relied upon as wholly correct
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 Church Street, Caversham, Reading
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