1-bedroom house · RG30 1EY
For saleListed 213 days
Opportunity summary
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About
Sansome & George Reading - Offered with No 'Onward Chain' and available for owners owner the age of 55, this popular ground floor 1 bedroom retirement apartment features direct access to a well tended communal grounds yet located close to amenities.
Available exclusively to owner occupiers aged 55 or above and offered with the added advantage of no 'onward chain' complications, this purpose built retirement apartment is favourably positioned on the ground floor with direct access to well tended maintained communal gardens from the living room.
Gordon Palmer Court is within minutes' level walk of host of services and amenities to include regular bus services, supermarkets and shops, cafes, pubs and restaurants plus Battle Library, doctors surgery and local green spaces.
The property can be accessed either via the communal entrance hall (with intercom entry system), or a private door to the living room.
Well presented throughout, the front door opens to an entrance hall (with airing cupboard), with doors accessing the living room.
There is an archway opening to a well appointed fitted kitchen, dual aspect bedroom with built in double wardrobe, and a fully tiled modern shower room with heated towel rail and a white suite including vanity unit with inset basin, w/c, and a low threshold walk in shower cubicle enclosure.
Outside, the well tended and maintained communal gardens surround the development where there is site parking available for residents and visitors.
There is also a separate residents lounge with kitchen, separate laundry and site managers office.
Please contact Sansome & George for more information or to arrange an appointment to view at your earliest convenience or for any further information.
Leasehold Information: Lease Term:- A new lease of 99 years will be assigned to the new owner upon completion (£400 administration fee payable).
Service/Maintenance Charges:- £2368.20 per annum to include buildings insurance.
Management Company - Churchill Please note the Affordable Housing Scheme Allows the home to be sold at 70% of full market value however you own 100% of the property. Reading Borough Council - Band B
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
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FAQ
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