Studio flat · RG1 7SY
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD PRIOR TO AUCTION Third floor studio flat currently tenanted An excellent opportunity to acquire an investment opportunity with tenant in situ until June 2026, currently achieving £847 pcm paid by the council monthly.
The property comprises a lobby, open plan studio space with a kitchen and separate shower room. Each leaseholder gets a share of the freehold and becomes a share holder of the management company.
Well situated, the property is only 0.2 miles from the nearest supermarket and 0.5 miles from larger amenities.
Both Reading West and Reading railway stations are only 0.6 and 0.7 miles away respectively.
Studio flat Lobby, open plan living/kitchen space, bathroom Council Tax A Tenure: Leasehold Lease Details: 999 years from 25 June 1988 EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 starting price
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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 Flat 11, 127 Castle Hill, Reading, Berkshire RG1 7SY
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