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See how verdicts work1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed second floor apartment situated in an excellent location in central Caversham with many amenities close by, including, doctors surgery, bus stops, a wide variety of shops, post office, library along with parkland and the River Thames.
The apartments are for residents over the age of 60 years and include a lift to all floors, a disabled platform lift, sky connection points, secure entry system with CCTV, laundry room, mobility scooter store and charging point and store, 24 hour emergency call system, fire detection equipment and landscaped gardens.
This well-proportioned apartment is presented in good condition, enjoying a large lounge/dining room, fitted kitchen, double bedroom with wardrobe and spacious shower room.
There is also a spacious residents lounge, and a guest suite is available for visitors. No onward chain. EPC Rating C. Council Tax Band D.
Lease Length - 125 from new, approximately 111 years remaining Ground Rent - Currently £425 per year Service Charge - Currently £3,300 per year.
Water rates inc in the sc Storage (1.96m x 1.37m (6'5 x 4'6)) Bedroom (6.20m x 2.95m (20'4 x 9'8)) Dining/ Living Room (7.37m x 3.12m (24'2 x 10'3)) Kitchen (2.59m x 2.26m (8'6 x 7'5))
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.
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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
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FAQ
About Abbotsmead Place, Reading
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