Studio flat · RG1 5DR
Listing removedReduced £12k (−8.6%) on 30 SepListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A studio apartment, with no onward chain, situated in this popular location.
The accommodation comprises; Entrance space with cupboard, bedroom/sitting room with built in storage, kitchen, bathroom, WC and west facing balcony.
Externally the property benefits from parking and communal gardens.
Alpha House is perfectly positioned for easy access to Reading town centre, selective grammar schools, Cintra Park, and excellent transport links.
Local shops, restaurants, and amenities are all within reach.
Lease length - 999 years from 1960 Ground rent - N/A Service charge - £719.80 EPC - E Tax Band - A Studio Room (5.00m x 3.05m (16'5 x 10'0)) Balcony (4.70m x 0.79m (15'5 x 2'7)) Kitchen (2.90m x 1.60m (9'6 x 5'3))
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
FAQ
About 20 Alpha House Flats, Kendrick Road, Reading
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