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 house · RG1 8AF
For saleReduced £30k (−12%) on 27 AugListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Knights Property Services- no onward chain- Situated on the third floor of a modern purpose-built development, this contemporary two-bedroom apartment is offered to the market with no onward chain, making it an ideal opportunity for a hassle-free purchase.
The property boasts a spacious and well-designed layout, featuring a generous principal bedroom with an en-suite shower room, a second double bedroom, and a stylish family bathroom.
At the heart of the home is a bright open-plan kitchen, dining and living area, which opens onto a large private balcony perfect for relaxing or entertaining.
Further benefits include an allocated parking space, along with a highly convenient location within easy reach of the town centre and train station, offering excellent access to local amenities and transport links.
Entrance Hallway Kitchen Range of base and eye level units, sink, electric hob, extractor fan, integrated microwave & oven, integrated dishwasher; integrated fridge/freezer.
Partly tiled walls and tiled flooring. Reception Room Rear aspect room, carpet flooring, neutrally decorated, door leading onto balcony.
Bedroom One Doubled bedroom, carpet flooring, neutrally decorated, door leading into ensuite Ensuite Low Level WC, wash hand basin, shower enclosure, tiled flooring, tiled walls.
Bedroom Two Doubled bedroom, carpet flooring, neutrally decorated Leasehold Information We have been advised by the owner the following: Ground rent £250 per year Annual service charge £2200 Length of lease 134 years left
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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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 245, Luscinia View, Reading
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